CBN - Central Bank Of Nigeria
Nigeria's finance minister and coordinating minister of the economy said that the Nigerian government is making significant efforts to dedollarize the economy.
Amid the ongoing network challenges by bank customers due to bank upgrades, the Central Bank of Nigeria (CBN) has released its reporting channels to the public.
The Central Bank of Nigeria (CBN) is working with Nigerian Inter-Bank Settlement System (NIBSS) to develop a platform that will allow Nigerians abroad apply for BVN.
The value of the Nigerian currency has continued to depreciate in the foreign exchange markets as the market struggles to meet rising forex demands.
The Central Bank of Nigeria's efforts to clear FX backlogs and recent interest rate hikes are credited by the International Monetary Fund with stabilizing the naira.
The CBN projected that Nigeria's real sector output will expand by 3.38% in 2024, up from 2.74% in 2023 due to increasing investments in the oil and non-oil sectors.
In recent times, there have been complaints from traditional bank customers, but OPay users have been able to focus on other things because they cannot relate.
The Nigerian currency has lost more value against the United States dollar on the Nigerian Autonomous Foreign Exchange Market and unofficial market.
Zenith Bank promised improved services moving forward in a letter on Tuesday, thanking its customers for their patience during the upgrading process.
CBN - Central Bank Of Nigeria
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