BANKING
CBN approves DLM Group’s acquisition of Links MfB
CBN approves DLM Group’s acquisition of Links MfB – Development Investment Bank, DLM Capital, has received the final approval of the Central Bank of Nigeria (CBN) […]
CBN
BANKING
Crypto Ban: CBN Fines FCMB N400m Over Failure to Close Customers’ Accounts
Crypto Ban: CBN Fines FCMB N400m Over Failure to Close Customers’ Accounts – Mid-level lender, First City Monument Bank (FCMB), got a knock from the Central […]
BANKING
Crises looms in Nigeria’s banking sector as Customers lament indiscriminate charges
Crises looms in Nigeria’s banking sector as Customers lament indiscriminate charges – Crises may hit the banking sector baring urgent intervention by the Central Bank […]
BANKING
CBN clarifies reports on Plan To Stop Sale Of FOREX To Banks
CBN clarifies reports on Plan To Stop Sale Of FOREX To Banks – Central Bank of Nigeria (CBN) has shed more light on reports of plans […]
ECONOMY
FOREX Demand Pressure Crashes Naira by N1.22 at I&E
FOREX Demand Pressure Crashes Naira by N1.22 at I&E – The Naira came under immense pressure on Friday against the United States Dollar at the Investors […]
ECONOMY
Nigerian Naira Weakens by 0.12% at Official Window
Nigerian Naira Weakens by 0.12% at Official Window – The Nigerian Naira weakened against the US Dollar at the Investors and Exporters (I&E) segment of the […]
BANKING
FX website, AbokiFX says it will temporarily suspend rates update amid CBN crackdown
FX website, AbokiFX says it will temporarily suspend rates update amid CBN crackdown – AbokiFX, an online foreign exchange rate website, has said it will temporarily […]
ECONOMY
Naira Sells N413.07/$1 at I&E, N570/$1 at Black Market
Naira Sells N413.07/$1 at I&E, N570/$1 at Black Market – As observers await a possible policy action from the Central Bank of Nigeria (CBN) on Friday […]
Cryptocurrency
CBN: Nigeria’s CBDC ‘a Safer Option’ Than Privately Issued Cryptocurrencies
CBN: Nigeria’s CBDC ‘a Safer Option’ Than Privately Issued Cryptocurrencies – As part of the Central Bank of Nigeria (CBN)’s digital currency charm offensive, Folashodun Shonubi, […]
BANKING
Expectations, doubts greet CBN’s e-naira as October 1 launch date draws near
Expectations, doubts greet CBN’s e-naira as October 1 launch date draws near – After four years of researching and seeking perfection for its digital currency, the […]