Banking
Naira firms further against dollar by 1.6% at official market
The Naira further appreciated at the official market on Thursday trading at the N1,485.95 to a Dollar. Data from the...
Nigeria’s active bank accounts hit 311.6 million— NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said the number of active bank accounts in Nigeria rose to 311.6 million...
Naira appreciates by 0.7% at official market
The Naira appreciated at the official market on Tuesday trading at the N1,522.68 to a Dollar. Data from the FMDQ...
CBN creates new compliance unit, projects 4.17% GDP
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, on Thursday announced plans to establish a Compliance...
CBN launches FX code to boost transparency
The Central Bank of Nigeria (CBN) said it has approved the release of the Nigerian Foreign Exchange (FX) Code to...
BVN registrations hit 64.8 million in January 2025 —NIBSS
Enrolments for the Bank Verification Number (BVN) by bank account owners in the country increased to 64.8 million in January,...
CBN fines Sterling, Fidelity, First Bank, Zenith, UBA, four others N1.35 billion for ATM cash scarcity
The Central Bank of Nigeria (CBN) has slammed fines totalling N1.35 billion on nine Deposit Money Banks for failing to...
FG to establish youth bank
The Federal Government says it will establish a youth bank to offer loans, grants and other financial products to support...
All denominations of naira banknotes still valid – CBN
The Central Bank of Nigeria (CBN) says all denominations of Naira banknotes currently in circulation remain indefinitely valid as legal...
Lamentations as cash scarcity hits Kaduna, Kano, Katsina
With barely two weeks until Christmas and the subsequent new year celebrations, getting cash in Kaduna, Kano and Katsina States...