Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...
Legit on MSN4d
Nigeria’s FX Reserves Depreciate by $1.19 Billion Amid CBN’s Move to Defend Naira, Service DebtsNigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...
Hosted on MSN1d
Nigeria set to welcome its first licensed stablecoinNigeria is set to witness the launch of its first-ever licensed stablecoin cNGN. According to reports, the stablecoins will ...
At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...
Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has asked the Federal Capital Territory (FCT) High Court in ...
Nigeria’s external reserves decreased by about $1.19billion in just three weeks and five days. According to data from the CBN ...
Nigeria is set to welcome its first fully compliant stablecoin, cNGN, licensed by the CBN and the SEC. Stablecoins are ...
Fidelity Bank Plc says it has successfully concluded the first phase of its equity capital raise, securing a 238 percent ...
Nigerian Tribune on MSN11d
Nigeria: CBN to commence payment of Forex backlogThe Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the completion of forensic verification to ...
Meanwhile, Ikeazor advocated for more decisive monetary policy actions to curb inflation and maintain economic stability. He noted that while monetary tightening has come at the expense of economic ...
The World Bank and the International Monetary Fund (IMF), have called on the Central Bank of Nigeria (CBN) to remain ...
THE Group Managing Director/CEO of United Bank for Africa (UBA) Plc, Mr. Oliver Alawuba, has said that the launch of the ...
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