Tinubu Seeks Senate Confirmation For CBN Board Members

In a letter to the Senate, President Bola Tinubu requested that five individuals nominated to the Central Bank of Nigeria board as directors be...

Access Holdings Appoints Bolaji Agbede as Acting CEO

Access Holdings Plc made a significant announcement on Monday, naming Ms. Bolaji Agbede as the Acting Group Chief Executive Officer in the wake of...

Treasury Bills Yield Hits 15.4% After Revised Auction

Following a sudden increase in spot rates on 364-day notes to 19% by the monetary authority, the average yield on Nigerian Treasury bills surged...

Breaking News: Access Holdings CEO Herbert Wigwe Dies

Herbert Wigwe, the co founder of Access bank and the founder, Wigwe University, Herbert Wigwe is dead. He was also the CEO of Access holdings,...

NNPCL Plans To Domicile Revenue With CBN

According to a joint statement published, the Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Company Limited (NNPCL) have decided to deepen...

Cashless Transactions Surge To N611tn – NIBSS

On Wednesday, the Nigeria Inter-Bank Settlement System revealed that the number of cashless transactions in the nation increased to N611.06 trillion by 2023. According...

Global Food Prices Rnflation Still Rising – World Bank

In its most recent Food Security Update report, released on Tuesday, the World Bank stated that substantial inflation was observed in low-, middle-, and...

MTNN, Banks Stock Pulls NGX Down By N437bn

Stock market profit-taking on telecom and banking companies caused the Nigerian Exchange (NGX) to plummet, costing investors N436 billion. Key performance metrics were negatively...

Dollar Supply Increases By 180% As Banks Sell $440m

On Friday, the official foreign currency market's dollar supply increased by 180.59 percent to $440.13 million. This is as the naira ended a volatile week...

CBN Sets New Cash Reserve Measure

The Nigerian Central Bank said that it will no longer be debiting daily amounts from the Cash Reserve Ratio and will instead be implementing...

When Cash Is The Enemy: The Potential Of A Cashless Nigeria Remains Untapped

When it comes to the role of physical currency in Nigeria's evolving financial landscape, there are mounting costs and challenges that can no longer...

Senate Committee Summons CBN Gov On State Of Economy

The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has been called before the Senate to testify before it on Tuesday by...

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