Tsunami in CBN as CBN governor Yemi Cardoso Sacks Another 40 Staff after sacking 30 yesterday
The Central Bank of Nigeria (CBN) has continued with the disengagement of staff in furtherance of its ongoing restructuring as
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CBN
Zenith Bank reports overall best year ever profit of N679.9 billion in 2023…. declares N4 per share as dividend to shareholders
Zenith Bank Plc, one of Nigeria’s largest banks, published its audited accounts for the fiscal year 2023, showcasing gross earnings
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CBN begins sale of dollars to BDCs at N1,101 to a dollar accounting for artificial naira appreciation
The Central Bank of Nigeria (CBN) has announced the sales of foreign exchange (FX) to the bureau de change (BDC)
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Embattled ex CBN governor Emefiele remanded in prison over abuse of office & $4.5 billion, N2.8 billion fraud
Justice Rahman Oshodi of the Ikeja Special Offences Court on Monday remanded the embattled former Central Bank of Nigeria (CBN)
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Cross River state Governor & 12 other new governors borrowed N226.8bn in just six months—DMO
In the first six months after taking office, 13 new state governors collectively borrowed N226.8billion from domestic and external financiers.
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Forex subsidy to BDC operators is reason for Naira appreciation–Financial Analyst
A financial analyst, Kalu Aja has said the Naira appreciation in the foreign exchange market is due to FX intervention
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CBN increases capital base for mega banks to N500 billion, smaller banks N200 billion
The Central Bank of Nigeria (CBN) has increased the capital base for commercial banks with international authorization to N500 billion
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Nigeria’s public debt jumps from N87.91 trillion to N97.34trn in nine months—- NBS Report
The National Bureau of Statistics, NBS, Nigeria’s public debt stock rose from N87.91 trillion, $114.35 billion,in the third quarter of
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Dollar is not selling at N1,000 per dollar– BDCs debunk fake news
Contrary to the report making the rounds on X (formerly Twitter), Bureau De Change operators said there was no truth
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CBN raises interest rate to 24.75% amidst galloping inflation & economic hardship
The Monetary Policy Committee of the Central Bank of Nigeria has today concluded its two-day meeting for March 2024. This
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