CBN Sells N1.58 Trillion in Treasury Bills, Interest Rates Reach 19% in Latest Auction
The Central Bank of Nigeria (CBN) has conducted another successful Treasury Bills auction, selling a substantial N1.58 trillion as part ...
Tag: financial system
US Regulators Flag Deployment of AI as a Risk in the Financial System
In a groundbreaking move, US regulators have officially acknowledged the use of artificial intelligence (AI) as a vulnerability in the ...
NDIC Begins Depositors’ Payment after Bank License Revocations by CBN
In response to the recent revocation of licenses by the Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation ...
CBN Urges Nigerian Tertiary Institutions to Embrace e-Naira for Transactions.
In a bid to enhance efficiency and cost-effectiveness in financial transactions within the education sector, the Central Bank of Nigeria ...
Resurgence of Cash Hoarding in Nigeria Raises Concerns.
Following the relaxation of currency redesign and cashless measures by the Central Bank of Nigeria (CBN), indications suggest that Nigerians ...
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