CBN - Central Bank Of Nigeria
The Manufacturers Association of Nigeria (MAN) has voiced concerns about the 35% aggregate lending rates that commercial banks impose on companies.
Recent reports have ranked Africa's weakest currency in 2024 compared to the US dollar, with the naira ranking among the continent's worst-performing currencies.
The value of the Nigerian currency has depreciated for the second straight day against the US dollar in both the official and unofficial foreign exchange markets.
Branch International Finance Company was recognised as the "Most Innovative Loan & Finance Brand of the Year 2024" at the Africa Fintech Brands Innovation Awards.
The Central Bank of Nigeria has provided clarification on a job vacancy posted on its website for director-general position as interested Nigerians apply.
The Central Bank of Nigeria has announced a director-general position vacancy at WAMA, overseeing monetary cooperation in West Africa and has listed requirements.
The Central Bank of Nigeria (CBN) has slashed the foreign exchange rates for cargo clearance in Nigerian ports following gains the naira against the dollar.
The Nigerian currency, the naira, has depreciated in value against the US dollar for the first time in over a week after the CBN retail auction to companies.
With permission from the CBN, Unity Bank and Providus Bank recently combined, with the new financial institution needing to be financed with a N700 billion loan.
CBN - Central Bank Of Nigeria
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