The Afreximbank has declared that the depreciation of the naira may scare away investors and it poses a big risk for future ...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said the country now records about $2.35 ...
The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited. This strategic ...
Nigeria, Africa’s most populous country, introduced a central bank digital currency (CBDC), the eNaira, into its financial system in late 2021, an action that paved the way for different sets of ...
This represents a 130% increase from the same period in 2023, according to a press statement issued on Tuesday by Ali Sidi Ali, Hakama (Mrs.) Ag CBN Director of Corporate Communications.
A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with ...
Vice President Kashim Shettima has tipped Nigeria to become number one hub of opportunities in the global halal economy. He ...
The Central Bank of Nigeria (CBN) the apex bank in Nigeria has said it has reintroduced the publication of several key economic reports. According to the apex bank, the move is aimed at ...
Global First: Nigeria's Central Bank Affiliate, NIBSS, Joins Zone’s Blockchain Network. LAGOS, Nigeria, Aug. 20, 2024 (GLOBE NEWSWIRE) -- In a move that signals a significant shift in the ...
The Central Bank of Nigeria has said that Nigeria’s domestic prices are expected to remain high in the 2024/2025 fiscal year.
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