Tag: CBN

|By Babatunji  Wusu The Nigerian Naira surged to its strongest level in nearly two years against the United States Dollar on Tuesday, rallying in both official and parallel foreign exchange…

 |By Babatunji Wusu The Naira on Thursday reversed its three-day rally and depreciated against the United States dollar at the official foreign exchange window, as fresh data from the Central…

|By Babatunji Wusu The naira on Wednesday strengthened further against the United States dollar across both the official and parallel foreign exchange markets, sustaining a rally driven by tighter monetary…

|By Babatunji Wusu The Central Bank of Nigeria (CBN) has cautioned that Nigeria’s fast-growing fintech sector remains heavily dependent on foreign capital, exposing it to shocks from global financial market…

|By Babatunji Wusu The Central Bank of Nigeria (CBN) has unveiled plans to roll out a new regulatory framework designed to streamline debit card issuance and improve Automated Teller Machine…

|By Babatunji Wusu The Nigerian naira extended its losing streak against the United States dollar on Thursday, depreciating further at the official foreign exchange market, according to data from the…

|By Babatunji Wusu The naira strengthened against the United States dollar at the official foreign exchange market on Tuesday, barely 24 hours after recording a depreciation. Data from the Central…

|By Babatunji Wusu The naira on Thursday reversed its midweek loss, appreciating against the United States dollar at the official foreign exchange market, according to data from the Central Bank…

Says investment on infrastructure useless without peace Plans direct engagement with victims of armed violence Amid security concerns plaguing the country, the Senate has revealed its plan to hold meetings…

IBY Peterside Rejoice Eneky Nigerian banks have commenced implementation of a new SMS transaction alert fee of N6 per message, effective today, May 1, 2025. The new fee represents a…