CBN - Central Bank Of Nigeria
“Naira is gaining”: CBN predicts new exchange rate as dollar crashes again, FX Reserves rise
The Nigerian naira has gained further against the US dollar for three days, trading at N1,593.57 per dollar in the official market, and N1,595/$ in the black market.
“How will merger of Providus Bank and Unity Bank affect me as a customer?”: Expert explains
The Central Bank of Nigeria approved the merger of Providus Bank and Unity Bank and provided financial support, an expert has explained what it means for customers.
CBN clarifies instructions on foreign exchange manual, gives order
The CBN has provided a clarficiation on its foreign investment rules, requiring evidence of capital importation and redemption of local assets by investors.
UBA partners NBA Young Lawyers Forum to foster professional growth of 50,000 practitioners
UBA has partnered with with Young Lawyers Forum of the Nigerian Bar Association to propel the development of over 50,000 young legal practitioners.
CBN crashes dollars for banks, sets new exchange rates as naira gains 3 days in a row
The Nigerian currency, the naira continued its gain in the official market on Wednesday, trading at N1,597.52 per dollar after the CBN sold Forex to dealers banks.
UBA, Access, Zenith, others list new condition to grant loan to customers
The banking industry's lending rates surged to as high as 60% yearly in June due to the impact of high interest rates, which reduced credit to the private sector.
CBN breaks silence on investigation into Nigerian bank over extortion rumours
The Central Bank of Nigeria (CBN) has denied conducting any investigation into alleged extortion at Ecobank Nigeria, dismissing circulating rumours.
Currency in circulation hits N4 trillion, money outside bank reaches 93.6% amid naira gains
The Central Bank of Nigeria has reported a growth in the amount of currency in circulation, which hit a high of N4.04 trn, and money outside the banks at N3.87trn
Court orders payment of N1bn to former workers as Ecobank acquires another bank
The National Industrial Court has mandated that Ecobank Nigeria Limited pay N1,086,611,589.11 into the Chief Registrar of the National Industrial Court's account.
CBN - Central Bank Of Nigeria
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