The naira has dropped to a record low of N742 per dollar at the parallel section of the foreign exchange (FX) market, popularly called the black market. The figure represents
Tag "Central Bank of Nigeria (CBN)"
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says financial technology (fintech) companies are disrupting the banking sector. Emefiele said this on Tuesday at the International Association of
The naira, on Thursday, depreciated further against the dollar at the parallel and official sections of the foreign exchange market. The development is coming days after political parties kicked off
The Central Bank of Nigeria (CBN) says it has commenced deductions from accounts of defaulters under its development finance interventions to recover outstanding loans. Yusuf Yila, director, development finance of
The Central Bank of Nigeria (CBN) says it will deploy the Global Standing Instruction (GSI) against loan defaulters under the
The Central Bank of Nigeria (CBN) says the eNaira platform will be temporarily unavailable. The apex bank said this in
President Muhammadu Buhari says his administration will continue to implement policies for Nigeria’s self-sustenance. Buhari said this on Tuesday at
The Nigerian naira, on Wednesday, weakened to N707 per dollar at the parallel section of the foreign exchange (FX) market amid increased demand.
ActionAid Nigeria, a non-governmental organisation, says women in the country have low access to government interventions, especially in the agricultural
The Central Bank of Nigeria (CBN) says the country generated N799.10 billion from oil sector in the first quarter of
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