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Former CBN Deputy Governor: Naira at N400 to Dollar is Unrealistic, Says Moghalu
Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria, dismissed the idea of the Naira being valued at
Central Bank of Nigeria Sells Record Amount of Treasury Bills to Boost Foreign Investment
The Central Bank of Nigeria sold a lot of Treasury Bills, about N1.3 trillion, to attract investors from other countries.
Bureaux De Change Licenses Revoked: CBN Takes Action for Non-Compliance
The Central Bank of Nigeria has canceled licenses for 4,173 Bureaux De Change (BDC) operators because they didn’t follow the
E-Naira’s Big Jump: Surges by 284%, While Regular Money Drops to ₦2.7tn, CBN Says
The Central Bank of Nigeria (CBN) recently shared some interesting news about the eNaira. It turns out the eNaira is
Central Bank of Nigeria’s Endorsement of Cryptocurrency Transactions Set to Positively Impact Government Revenue, Say Industry Insiders
Stakeholders in the crypto ecosystem anticipate that the regulation of cryptocurrencies, following the Central Bank of Nigeria’s recent endorsement in
Minister Anite Spearheads Efforts to Boost Consumer Credit Accessibility in Nigeria
In a recent development, Dr Doris Uzoka Anite, Nigeria’s Minister of Industry Trade and Investment, has championed the creation of
Vetiva Capital Management Forecasts Core Banking to Propel Growth in 2024
Vetiva Capital Management, a Nigerian financial firm, anticipates that core banking will be a key driver of growth in the
Nigeria’s Inflation Rate Hits 15.7%, Highest in Five Years
The latest report from the National Bureau of Statistics (NBS) reveals that Nigeria’s inflation rate has surged to 15.7%, marking