Money
CBN adjusts interest rate, Zenith, Access, GTB, others rush to borrow N34 trillion
Between January and February 2025, DMBs and commercial banks borrowed an estimated N33.97 trillion from the CBN to handle their day-to-day operations.
Traders sell dollar at new exchange rate as Naira falls again
The Central Bank of Nigeria has released the latest naira-to-dollar exchange rate in the Nigerian Foreign Exchange Market (NFEM) and also the black market.
Full list: CBN makes important leadership changes, appoints 16 new directors
The Central Bank of Nigeria (CBN) has a new team of directors and has made changes in key departments as it seeks to achieve President Tinubu's N1 trillion economy.
CBN slashes customs dollar exchange rate to clear goods at ports
The Central Bank of Nigeria has once again made adjustments to the Customs duty exchange rate for cargo clearances at Nigeria's ports and also airports.
First Bank announces exciting new job vacancies for roles in 5 states
First Bank of Nigeria has announced new openings for qualified Nigerians to fill vacant positions across six Nigerian states and has listed requirements.
Stanbic IBTC announces job opportunities for Nigerian graduates, deadline nears
Stanbic IBTC, one of the top commercial banks in Nigeria, has announced its graduate trainee programme, which gives qualified candidates chances for full-time roles.
Market analysts forecast naira trend in official, parallel markets
Following its 8.5% increase in the parallel market in February, market analysts anticipate the naira to continue its strong performance across all FX categories.
“Nigerian courts disapprove”: Group explains why CBN should halt new ATM withdrawal charges
Tinubu has been urged by SERAP to direct the CBN govrnor to suspend the implementation of the increase in Automated Teller Machine (ATM) transaction fees."
Bank staff mistakenly sends $81 trillion to customer expecting N400,000
An erroneous transfer from Citigroup resulted in a bank customer receiving a credit alert of $81trn (over N177 quadrillion), and it took hours for staff to notice.
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