CBN - Central Bank Of Nigeria
CBN, NIMC to issue new national domestic card with payment features for NIN holders
The National Identify Management Commission (NIMC) and the Central Bank of Nigeria (CBN) have revealed plans to roll out a national domestic card.
Dollar to naira exchange rate: Primate Ayodele releases “prophetic insights”
Primate Elijah Ayodele has unveiled a fresh prophecy concerning Nigeria's economic situation. He predicted that the exchange rate for the dollar would be N1,200.
“N97.34 trillion debt:” DMO names Nigeria’s largest external creditors as of December 2023
Nigeria's external debt hit N97.34 trillion recently, with the federal and state governments owing most of the debt. Data shows that China is Nigeria's top lender.
From N952 to N1,314: CBN increased customs rate to clear goods 28 times in 2024
The Nigerian Customs Service is concerned about the modifications to customs import tax rates that have impacted the volume of transactions in Q1 of 2024
No more N1,251: Naira gains as CBN quotes new rate to sell dollar to BDCs
Operators of Bureau de Changes (BDCs) have provided an explanation for the steady increase in the value of local currency compared to the dollar in the market.
Naira performs better in black market and appreciates in official window, defies predictions
The Nigerian currency has continued to gain against the US dollar and other currencies in all markets, selling for N1,240 in the parallel and N1,262 in the official.
Naira makes biggest gain in months in official window, trades stronger in black market
The naira made another recovery in the official window, trading below the N1,300 mark, the first time in months as the black market recovered also.
Tinubu's student loan scheme: Juicy facts about new law
The student loans bill signed into law by President Bola Tinubu has some interesting facts for prospective beneficiaries to know such as waivers and repayment terms.
Nigerian bank introduces new product to compete GTB, Access, Zenith, others
To increase customer convenience and security, Moniepoint Microfinance Bank has launched the Unstructured Supplementary Service Data (USSD) service.
CBN - Central Bank Of Nigeria
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