CBN - Central Bank Of Nigeria
China cuts back on loans to Nigeria, other African countries as defaults increase
Data from Boston University's Global China Initiative shows that African countries struggle with debt difficulties and China's own economy encounters challenges
CBN new governor, Yemi Cardoso job gets tougher as Naira nears N1000/$ exchange rate
The incoming management of the Central Bank of Nigeria has a tough job as the naira drops heavily against the dollar at foreign exchange markets.
After 20 years, NDIC to pay dividends to depositors of Defunct Peak Merchant Bank
The NDIC has said arrangements have been made to pay the first liquidation dividend to Peak Merchant Bank depositors and former employees (deposits).
Why is Forex Trading Getting So Popular in Nigeria?
Forex trading has immersed popularity in Nigeria, positioning itself as a financial phenomenon that has captivated both seasoned investors and the general public.
Zenith, UBA lead banks that increased staff salaries in first half of 2023
Zenith Bank and UBA have emerged as the leading banks in terms of experiencing the most substantial salary growth for their employees during the first half of 2023.
CBN combs accounts, debits beneficiaries to recover COVID-19 loans as debtors recount experiences
The Central Bank of Nigeria has begun debiting accounts of beneficiaries of the COVID-19 loans granted in 2020 under the Targeted Credit Facilities scheme.
Tinubu gives CBN orders about Emirate, other foreign airlines over $600 million debt
President Bola Tinubu has ordered the Central Bank of Nigeria to begin interfacing with foreign airlines over $600 million trapped funds belonging to them.
ICT, Finance lead top 10 contributing sectors to GDP in first quarter of 2023
The economy expanded more slowly, primarily due to non-oil sector activity including ICT, finance and other sectors according to a report GDP Q1 report by the CBN.
"Cash crunch provoked customers": Falana demands prosecution of Emefiele, others over naira scarcity
Femi Falana is requesting criminal charges be brought against Godwin Emefiele, and the top management of the central bank for alleged incitement of the public
CBN - Central Bank Of Nigeria
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