Business
E-Naira circulation hits N400 million, as CBN says no charges “for now”
The Central Bank of Nigeria has revealed that the circulation of the e-naira has risen to N401.82 million as transaction...
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CBN issues new guidelines for getting a bank license for new and pending applications
The Central Bank of Nigeria has released guidelines for licensing of banks and other financial institutions. The apex bank said,...
Read moreCBN paid N81 billion to Nigerian exporters
The Center Bank of Nigeria (CBN) has stated that it has given N81 billion in rebates in rebates to hard-working...
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Nigeria needs reform to fix its declining sectors-Expert
Nigeria needs reforms and interventions to address some sectors of the economy with declining and contracting Gross Domestic Product (GDP)...
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CBN responds to flooding and with the release of strategic grains reserve
. The Central Bank of Nigeria (CBN) has stated that to combat the adverse effects of flooding; the bank would...
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Sukuk bonds aid in building infrastructure, financial market – DMO
The Debt Management Office (DMO) stated that the goals of its Sukuk bond offerings are to advance financial inclusion, expand...
Read moreCBN to limit cash over the counter withdrawal
The Central Bank of Nigeria has announced that it will limit the amount of cash withdrawn over the counter. This...
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Nigeria’s GDP growth slows to 2.25% in Q3 2022
Nigeria’s gross domestic product (GDP) grew by 2.25% year-on-year in Q3 2022, marking the slowest growth since the Covid-19 pandemic. ...
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What you need to know about the New Naira
The redesigned N200, N500 and N1000 notes were unveiled by President Muhammadu Buhari on Wednesday. The currency redesign was conceived...
Read morePresident Buhari unveils newly redesigned naira notes
President Muhammadu Buhari has unveiled the newly redesigned naira notes today, Wednesday, 23rd November 2022 at the State House, Abuja....
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