CBN Extends BDCs Recapitalisation Deadline From December 3, 2024 to June 2025
The Central Bank of Nigeria (CBN) has extended the deadline for the recapitalisation of Bureau De Change (BDC) operators from ...
Tag: CBN
CBN FRESH CAPITAL REQUIREMENTS: UBA to Raise N239bn
United Bank for Africa (UBA) Plc has issued 6,839,884,274 ordinary shares of 50 kobo each at N35 per share in ...
Wema Bank Releases Q3 2024 Unaudited Results… Reports Profit Before Tax of ₦60.62billion, a 174% YonY Growth .
Wema Bank Nigeria (“Wema” or “the Bank”) has released its unaudited Consolidated Financial Statements for the period ended September 30th ...
Stop ad-hoc FX auctions, World Bank Urges CBN
The Central Bank of Nigeria (CBN) has been urged to refrain from intervening in the foreign exchange market through forex ...
IMF Urges Structural Reforms to Improve Nigeria’s Economy
The International Monetary Fund (IMF) has asked Nigerian authorities to embark on structural reforms to improve the nation’s economic outlook. ...
CBN Clears Air on Old Naira Notes
The Central Bank of Nigeria (CBN) has clarified that the old series of N200, N500, and N1,000 banknotes will remain ...
NAIRA: Reps Urges CBN to Withdraw Old Notes, Circulate New Ones
The House of Representatives, on Thursday, urged the Central Bank of Nigeria (CBN) to commence the gradual withdrawal of old ...
Emefiele’s Naira Redesign was Without Approval of the President or CBN Board– CBN Ex-Deputy Gov Tells Court
The trial of the immediate-past Governor of the Central Bank of Nigeria continued on Wednesday with a former CBN Deputy ...
I Didn’t Sack Emir Sanusi as CBN Governor Over Alleged Missing $49.8bn – Jonathan
Former President Goodluck Jonathan has firmly denied claims that $49.8 billion was lost from government treasuries during his administration, refuting ...
CBN May Halt Interest Rate Hike to Tackle Inflation— Bloomberg
Nigeria’s annual inflation rate fell to a six-month low in August, offering the Central Bank of Nigeria (CBN) a window ...
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