Friday, April 19, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "central bank of nigeria"

FAKE NEWS ALERT: CBN denies selling FX to BDCs at N1,001/$1

    FAKE NEWS ALERT: CBN denies selling FX to BDCs at N1,001/$1

The Central Bank of Nigeria (CBN) has denied selling foreign exchange (FX) to bureau de change (BDC) operators at the rate of N1,001/$1. CBN, in a post on X on

0 comment Read Full Article

Nigeria’s FX reserves drop to $32bn — lowest level in six years

    Nigeria’s FX reserves drop to $32bn — lowest level in six years

Nigeria’s foreign reserves fell to $32.29 billion on April 15 — the lowest level in over six years.  According to the latest data from the Central Bank of Nigeria (CBN),

0 comment Read Full Article

Recapitalisation: Zenith Bank to raise funds in international capital market

    Recapitalisation: Zenith Bank to raise funds in international capital market

Zenith Bank has announced plans to raise an undisclosed amount in the international and Nigerian capital markets. According to the company, the funds shall be raised through the issuance of

0 comment Read Full Article

CBN official tells court how he collected over $3m in cash for Emefiele

    CBN official tells court how he collected over $3m in cash for Emefiele

Monday Osazuwa, an official of the Central Bank of Nigeria (CBN), has testified against Godwin Emefiele, a former governor of the apex bank, in the ongoing trial over alleged abuse

0 comment Read Full Article

GTCO to raise $750m through public offerings, private placements

  GTCO to raise $750m through public offerings, private placements

Guaranty Trust Holding Company (GTCO) Plc plans to raise $750,000,000 by way of public offerings and private placements. According to

0 comment Read Full Article

Naira appreciates against dollar at official window, parallel market

  Naira appreciates against dollar at official window, parallel market

The naira, on Monday, appreciated to N1,120 per dollar at the parallel section of the foreign exchange (FX) market. The

0 comment Read Full Article

ABCON to CBN: Reduce FX rate so our members can bid for more dollars

  ABCON to CBN: Reduce FX rate so our members can bid for more dollars

The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to reduce

0 comment Read Full Article

KPMG: High-interest rate may prevent Nigerian banks from giving credit

  KPMG: High-interest rate may prevent Nigerian banks from giving credit

KPMG Nigeria says the monetary tightening efforts by the Central Bank of Nigeria (CBN) might prevent banks from giving credit

0 comment Read Full Article

Banks set new ATM withdrawal limits for customers below CBN’s provision

  Banks set new ATM withdrawal limits for customers below CBN’s provision

Nigerian commercial banks have set withdrawal limits on their automated teller machines (ATMs), TheCable can report. Findings by TheCable also

1 comment Read Full Article

Naira appreciates to N1,280/$ at parallel market

  Naira appreciates to N1,280/$ at parallel market

The naira, on Friday, appreciated to N1,280 per dollar at the parallel section of the foreign exchange (FX) market. The

0 comment Read Full Article
1 2 3 31
error: Content is protected from copying.