CBN - Central Bank Of Nigeria
Moniepoint MFB speaks on alleged N1.1 billion theft by backers
Moniepoint, one of Nigeria and Africa's rising unicorns has refuted reports that its microfinance bank, Moniepoint MFB, suffered a loss of N1.1 billion to hackers
Bad news for naira as external reserves decline by $950 million in 2 weeks
Nigeria's foreign exchange reserves have recorded a significant decline in the last 18 days as the Central Bank of Nigeria battles to defend the naira.
New tax regime: UBA hosts knowledge series for SMEs, business owners
UBA is set to host a Knowledge Series webinar specifically dedicated towards informing and educating SMEs on the 2024 withholding Tax Regulations.
Zenith Bank reportedly increases staff salaries, promotes 4,000 employees
Zenith Bank, one of Nigeria's tier-one banks, has reportedly increased its staff salaries and promoted about 4,000 of its personnel in a company-wide restructuring
Access, Union Bank, Zenith, other banks begin implementation of PoS withdrawal limits
Commercial Banks have commenced the enforcement of daily and weekly withdrawal limits of N100,000 and N500,000 ordered by the Central Bank of Nigeria (CBN).
Economists predict N1,300/$ naira to dollar exchange rate in 2025, give reasons
The Nigerian Economic Summit Group (NESG) has predicted a recovery of the naira and GDP, as well as a drop in inflation figures in 2025, listing the driving factors.
Naira makes strong gains in official market as CBN predicts high dollar inflow into Nigeria
The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, trading at N1,548 from N1,552.78.
After launching FX code, CBN set to introduce compliance department
By the end of February, Olayemi Cardoso, governor of the Central Bank of Nigeria, will have established a new Compliance Department within the apex bank.
CBN counters World Bank, makes strong prediction on Nigeria’s economic growth in 2025
The Central Bank of Nigeria has countered the World Bank's 3.7 per cent economic growth outlook for Nigeria, stating the economy is expected to grow by 4.17% instead
CBN - Central Bank Of Nigeria
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