CBN - Central Bank Of Nigeria
Access, Zenith, UBA, other banks run to CBN, borrow N24 trillion as cash scarcity hits
Commercial banks in Nigeria have increased borrowings from the Central Bank of Nigeria (CBN) to N24 trillion in the last three months to meet cash demands.
P2Vest Introduces InsuranceParasol, Making It Easy for Insurance Purchase in Difficult Times
P2Vest has launched InsuranceParasol, designed to provide businesses with an effortless way to purchase insurance products directly from their smartphones.
UK firm predicts new naira to dollar exchange rate in 2024, says FG may increase tax on luxury items
The Economist Intelligence Unit has revised its forecast on the naira to dollar exchange rate in 2024 after it predicted more depreciation for the Nigerian currency.
Naira gains against all currencies, nears N1,500/$ in official, black markets after EIU prediction
The Nigerian currency made a significant comeback against major currencies, leaving the N1600 mark it traded for a week to rally at N1,572.85 per dollar.
“Expect it”: UK firms predict new naira to dollar exchange rate in 2024
Goldman Sachs and Standard Chartered, two top UK financial companies, have predicted that the naira will appreciate against the dollar in the coming months.
CBN slashes customs FX duty rate to clear goods as Naira gains against US dollar
The Central Bank of Nigeria has decided to slash a new exchange rate for cargo clearances at Nigeria's ports as the naira strengthened against the dollar.
Zenith Bank appoints new GMD/CEO, Adaora Umeoji, her CV very impressive
Zenith Bank, one of Nigerian commercial banks, has appointed Adaora Umeoji, as the first female Group Managing Director/Chief Executive of Zenith Bank.
Marketer reveals real price of petrol as FG continues fuel subsidy in secrecy, spends N17.72bn daily
It appears that N17.72 billion is spent on fuel subsidies daily by the federal government through the Nigerian National Petroleum Company Limited (NNPC Ltd).
Nigerians groan over fuel scarcity at NNPC retail outlets as marketers open up on new petrol price
Fuel shortages has affected the Nigerian National Petroleum Company Limited retail stores in a number of Lagos neighborhoods causing hinderance to businesses.
CBN - Central Bank Of Nigeria
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