Money
PFAs ramp up investment in FGN Securities by 17.7% to N13.8trn
This report shows how pension funds administrators are now investing more of pensioners funds into FG bonds, treasury bills and others to secure high returns
New data shows 2.14% rise in BVN enrolment as CBN, PenCom issue requirement order
The Nigeria Inter-Bank Settlement System has revealed that more Nigerians now have Bank Verification Numbers, which is a mandatory requirement for banking service.
Dangote refinery: NMDPRA finally breaks silence over oil import licenses to marketers
A Federal High Court in Abuja has received an answer from NMDPRA on the justification for granting licenses for oil imports to the country's oil marketing companies.
CBN says 95% of bank debtors took loans from microfinance banks in 2024
Commercial banks in Nigeria appear to be losing the credit battle, as new data shows that over 95% of loans in 2024 were gotten from microfinance banks.
CBN updates currencies' exchange rates as naira appreciates against US dollar
The Central Bank of Nigeria has provided the latest exchange rates as the Naira appreciates against the United States Dollar in both official and unofficial markets.
After losing 70% of its value, Naira finally becomes stable in official market
One year after a sharp drop against the dollar, the naira is currently going through an uncommon period of stability, and analysts believe this trend will continue.
Expert advises CBN on monetary policy, interest rate decision as inflation hit 34.8 per cent
The Centre for the Promotion of Private Enterprise has advised the Federal Government and the Central Bank of Nigeria against increasing the interest rate.
CBN moves to end cash transactions in govt, launches docflow, MDA naira payment solutions
The Central Bank of Nigeria (CBN) in an effort to stop the use of cash for payment transactions has announced two new payment solutions for government offices.
Full list: Customers of 9 Nigerian banks will no longer be able to use USSD codes from January 27
The Nigerian Communications Commission (NCC) has announced that the USSD codes of various Nigerian banks will stop working unless a five-year debt is paid.
Money
Load more