Banks’ borrowing from the Central Bank of Nigeria, CBN, rose sharply by 395.2 percent week-on-week (WoW) to N4.72 trillion last week from N953.11 billion the previous week. The CBN has two ...

The Central Bank of Nigeria (CBN) has unveiled two new digital initiatives—the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution.

Last year, the CBN made several attempts to stabilise the naira, the latest being the introduction of the Electronic Foreign Exchange Matching System, which has boosted transparency in the market.

It applies to authorised dealers licensed under the CBN Act of 2007, the Bank and Other Financial Institutions Act of 2020, and other entities engaged in wholesale FX business in Nigeria.

(UPDATE) After debuting in 2020, the "Nation's Girl Group" Bini — composed of Aiah, Colet, Maloi, Gwen, Stacey, Mikha, Jhoanna, and Sheena — reaffirmed their commitment to ABS-CBN as they officially ...

The Central Bank of Nigeria (CBN) has unveiled two transformative digital solutions—the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution.

File image of ATM users. The Central Bank of Nigeria, CBN, has scrapped free withdrawals for customers using other banks’ Automated Teller Machines, ATMs. Recall that it was pegged at three free ...

Akagwu Audi Yakubu, Idris Auwal, and Daciyal Longji David had challenged their termination at the National Industrial Court, but the court ruled in favour of the CBN in 2018. The Court of Appeal ...

Meanwhile, cannabinol (CBN) is also procuring recognition in the holistic health space. While these two compounds share similarities in their origin and name, there are important differences ...

However, the realisation of this potential will require urgent cooperation between the Central Bank of Nigeria (CBN) and the Federal Ministry of Agriculture, focusing on financing the aggregation ...

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings ...

In a circular signed by John Onojah, acting director of financial policy and regulation department, the CBN said the revised charges will take effect from March 1. The regulator said the move ...