Banking
Naira strengthens 0.14% after week of fluctuations
The Naira closed stronger on Friday in the official market, trading at N1,599.55 to the Dollar, ending a week marked...
Seven banks spend N460 billion on IT upgrade
Information technology upgrade by seven top Nigerian banks gulped a total of N460 billion in 2024. An analysis of the...
$1 trillion economy: Banking recapitalisation on course – CBN
The Central Bank of Nigeria (CBN) has affirmed the preparedness of the Nigerians banks for the ongoing recapitalisation exercise. The...
CBN injects $197.71 million to boost forex liquidity
The Central Bank of Nigeria (CBN) on Friday supplied a total of 197.71 million dollars to the foreign exchange market...
No plan to introduce N5,000, N10,000 notes — CBN
The Central Bank of Nigeria (CBN) has disowned a circular claiming it has introduced two new naira denominations, N5,000 and...
Naira appreciates by 0.11% against dollar
The Naira appreciated on Friday in the official market, trading at N1,536.82 to a dollar. Data from the Central Bank...
CBN committed to fx stability, inflation control – Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso says the band will not waver in its efforts to...
Naira appreciates to N1530.52/$ at official window
The naira appreciated by 0.16 per cent to N1530.52/$ from N1532.93/$ in the previous trading session on the Nigerian Foreign...
Naira gains 1.9% to close at N1,517.93/$
The Naira ended the week positively on Friday, trading at N1,517.93 to a Dollar in the official market. Data from...
Shettima, governors perform groundbreaking of First Bank’s new Lagos HQ
Vice President Kashim Shettima has arrived at the venue of the groundbreaking ceremony of First Bank’s new 40-story headquarters at...