The Punch Newspapers on MSN4h
FG seeks fresh $580m W’Bank loansThe Federal Government is engaging the World Bank for two fresh loans totalling $580m, which are expected to be approved in ...
First Bank of Nigeria has stated that the injunctive orders granted to it by Justice Deinde Dipeolu of the Federal High Court ...
In its craving for best practices in the financial sector, the Central Bank of Nigeria (CBN) officially launched the foreign ...
Legit on MSN13h
Nigeria’s FX Reserves Depreciate by $1.19 Billion Amid CBN’s Move to Defend Naira, Service DebtsNigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...
Nigeria joins BRICS as a partner country BRICS acts as a natural counterbalance to the West’s dominance and influence over ...
While ATMs remain essential, they have been overshadowed by the growing influence of POS services. This shift has led to ...
Legit on MSN6d
Dormant Accounts Rise as Zenith, Access, UBA activate 102 Million Bank Accounts in 2024According to data from the Nigeria Inter-Bank Settlement sector, there were 311.65 million active accounts in the Nigerian ...
Based on all my findings above, I hold that the 1st Defendant/Applicant Motion on Notice (GHL) dated January 13, 2025 succeeds, the Mareva Order of 30th December, 2024 is hereby set aside.
"Market Participants will be required to conduct a self-assessment and submit to the CBN a report on the institution's level of compliance with the FX Code by January 31, 2025".
The Central Bank of Nigeria (CBN) has directed participants in the foreign exchange (FX) market to submit a compliance report ...
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