
CBN - Central Bank Of Nigeria







Bureau de Change (BDC) operators have raised concerns that they are struggling to get dollars from commercial banks amid depreciation of the naira.

After several weeks of appreciating, the naira seems to have changed trend. The last week saw the naira reverse earlier gains, taking a hit from investor activities.

Given Nigeria's rising inflation and other economic issues, Nigerian banks are starting to significantly raise employee salaries to retain top staff.

The Central Bank of Nigeria has once again shown that the value of the naira has depreciated against the United States dollar in the forex markets.

Carbon Microfinance bank has resumed debit card issuance, partnering with Inter-Switch-owned Verve card nine months after deactivating Visa cards.

Many Nigerian women have assumed challenging leadership roles in the Nigerian banking industry, emerging as chief executive officers in the banks.

Local goeverment chairmen, via the Board of Trustees of the Association of Local Governments of Nigeria (ALGON) has raised alarm of CBN plans to control its funds.

The Central Bank of Nigeria (CBN) has increased the foreign exchange rates for cargo clearance at Nigeria's ports following the massive naira's crash.

The value of the naira has crashed against the United States dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) and also in the black market.
CBN - Central Bank Of Nigeria
Load more