Banks’ Deposits with CBN Surge to N3.42 Trillion Amid Policy Changes
The Central Bank of Nigeria (CBN) has reported a notable increase in banks' deposits, reaching a record N3.42 trillion by ...
The Central Bank of Nigeria (CBN) has reported a notable increase in banks' deposits, reaching a record N3.42 trillion by ...
The amount of currency circulating outside Nigeria's banking system experienced a significant drop in July 2024, decreasing to N3.66 trillion. ...
Nigerian banks faced a challenging April, marked by losses across major banking stocks, coinciding with the first month-to-date decline in ...
The Chartered Institute of Stockbrokers (CIS) has called for Pension Fund Administrators (PFAs) to step up their involvement in the ...
The Central Bank of Nigeria (CBN) has instructed Bureau de Change (BDC) operators to sell the dollar at a rate ...
In a recent commentary on Nigerian banks, credit rating agency Fitch Ratings has cautioned that the proposed foreign currency gateway ...
Nigeria aims to implement new foreign exchange regulations to close the naira's significant gap with the unofficial rate and achieve ...
In a pivotal move to address the persistent issue of liquidity in Nigeria's foreign exchange market, President Bola Tinubu has ...
The Nigerian Naira witnessed a decline of 1.48 percent on Wednesday, despite a boost in dollar liquidity in the official ...
Nigeria's money supply, specifically the M1 money supply category, witnessed a slight decline of 0.56 percent in August 2023, dropping ...
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