CBN Seeks to Stabilise FX Market with $197.71m
The Central Bank of Nigeria (CBN) has injected $197.71m into the foreign exchange market on Friday, April 4, 2025, as ...
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Bankers’ Committee to Digitise FX Sales, says National Theatre Rehabilitation on Course
Mr Segun Agbaje, Group Managing Director of Guarantee Trust Bank, has said this at a media briefing at the end ...
CBN Introduces Stricter Forex Rules, Slams ₦100m Fine on Banks Over Documentation Breaches
The Central Bank of Nigeria (CBN) has unveiled a new set of foreign exchange regulations, introducing a ₦100 million penalty ...
Report Warns Proposed 70% Windfall Tax May Undermine Nigeria’s Banking Sector Stability
A recent report cautions that Nigeria's proposed 70% windfall tax conflicts with the Central Bank of Nigeria's (CBN) recapitalization plans, ...
FOREX RACKETEERING: CBN, EFCC Probe Banks, Firms
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has revealed that security agencies including the Economic and Financial ...
FBI Detains Nigerian “Tech Queen” Sapphire Egemasi Over Alleged Fraud In The United States
A tech enthusiast, Sapphire Egemasi, has been arrested by the Federal Bureau of Investigation (FBI) in connection with a mega ...
For the Records! Special Requiem for Late Pa Ayo Adebanjo by Otunba Gbenga Daniel
Special Requiem for Late Pa Ayo Adebanjo, Gbenga Daniel Today, we gather to pay our last respects to an icon, ...
N1TN FOREX GAIN: Bank Chiefs Lobby Presidency
The executives of seven Deposit Money Banks are currently lobbying President Bola Tinubu over the 70 per cent mandatory windfall ...
NNPCL Supplies Four Cargoes of Crude Oil to Dangote
The Dangote Petroleum Refinery has received four cargoes of crude oil from the Nigerian National Petroleum Company Limited under the ...
How the Windfall Tax on Banks Can Fuel Nigeria’s Infrastructure and Social Development
In the complex tapestry of Nigeria's economic landscape, the banking sector stands as a beacon of stability and profitability. Despite ...
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