CBN - Central Bank Of Nigeria
Financial Times: Sundry Markets Recognized as Africa's 50 Fastest Growing Companies 2024
Sundry Markets Ltd, an indigenous retail chain in Nigeria, has been recognized as one of Africa's top 50 fastest-growing companies for 2024 by the Financial Times.
Boost for naira as Nigeria’s external reserves hit $34 billion, diaspora remittances sure
Nigeria has recorded an improvement in its external reserves, which has risen to $34 billion, the highest since March this year when it stood at $32.1bn.
Banks, others sell naira for new rate as dollar supply increases by $110m in 24 hours
Official data from FMDQ Securities indicates that the amount is 0.15% lower than it was on Wednesday, June 26, at the closing rate of N1,507.83 against the dollar.
Naira depreciates again against US dollar, banks, traders quote new exchange rate
The Nigerian currency, the naira, continued its poor performance against the US dollar and other currencies in the official and unofficial foreign exchange markets.
CBN abandons Price Verification Portal, Form M for Cargo clearance, gives reasons
The Central Bank of Nigeria (CBN) has announced the discontinuation of its Price Verification System (PVS) Portal beginning for cargo clearance July 1, 2024.
Nigeria records massive dollar inflow as CBN gives new orders to UPS, Western Money Transfer, others
The Nigerian economy witnessed an improved diaspora remittance in the last five months. CBN data shows that dollar inflows into the country hit about $365.44m
Not Heritage Bank: Nigerian bank's CEO excited as CBN restores full license after suspension
Eyowo, a digital bank, has announced that it has secured a reinstatement of its full license by the CBN, allowing the fintech to resume banking services.
Naira crashes again against US dollar at official market as CBN governor makes promises
Nigerian currency, the naira depreciated again in the official and official foreign exchange markets despite efforts by the Central Bank of Nigeria.
CBN instructs banks, IMTOs to pay diaspora remittances in naira, gives exchange rate benchmark
The Central Bank of Nigeria has directed banks and IMTOs to pay diaspora remittances in naira and align them with corresponding foreign currency inflows.
CBN - Central Bank Of Nigeria
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