CBN Warns Mortgage Banks: Submit Returns Promptly or Face Sanctions
The Central Bank of Nigeria (CBN) has issued a stern warning to all primary mortgage banks (PMBs) in the country...
CBN Sells N1.3 Trillion in Treasury Bills with High Interest Rates
The Central Bank of Nigeria (CBN) has concluded another round of Treasury Bills (T-Bills) auction, selling approximately N1.3 trillion worth...
Euro Regains Popularity Among Global Central Banks
As the European Central Bank exits negative interest rates and euro area government bond yields rise, the euro is regaining...
Egypt’s Currency Devalued Over 30% Following Significant Rate Increase
Egypt has initiated a significant devaluation of its currency, resulting in a depreciation of approximately 35%, subsequent to a massive...
Naira Depreciates to N1,602.43/$1 as Binance Pulls Plug on Naira
The official exchange rate of the Nigerian naira against the US dollar took a hit, ending its three-day winning streak...
Jeff Bezos Overtakes Elon Musk as World’s Richest Person
In a recent development, Amazon's founder and billionaire, Jeff Bezos, has reclaimed the title of the world's richest person, surpassing...
Ghana’s Central Bank Suspends FX Licenses of GT Bank and First Bank
Ghana’s Central Bank, in its latest move to regulate the foreign exchange market, has suspended the foreign exchange licenses of...
CBN Issues Warning on New Debt Risks for Nigeria and West Africa
The Central Bank of Nigeria (CBN) has sounded an alarm regarding a concerning trend in borrowing practices, cautioning Nigeria and...
NGX Group Records N5.2 Billion Profit After Tax, Declares N1.5 Billion Dividend
Nigerian Exchange Group Plc has announced a profit after tax of N5.2 billion and a final dividend of N1.5 billion...
Naira Continues to Appreciate for Third Consecutive Day on Official Market
The exchange rate between the Nigerian naira and the US dollar has continued its upward trajectory for the third consecutive...
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Naira Depreciates Further Against US Dollar at Official Market
Nigeria’s Bond Yields Rise Slightly as DMO Prepares N700 Billion Auction
Nigeria Revenue Service Denies Introduction of New Vehicle Tax
FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.
Naira Slips to Fresh Low of ₦1,364.24/$ at Official Window
