Finance
Nigeria’s FX Market Faces Persistent Challenges Despite CBN Measures, Says Fitch
Despite multiple interventions by the Central Bank of Nigeria (CBN) to stabilize the foreign exchange market, Fitch Ratings has flagged ongoing instability and uncertainty. This contrasts with a recent report…
Your Trusted Source for Accurate and Timely Updates!
Just for You
Soludo Calls For Collective Action In Promoting Right Igbo Values, Cultures
... As Igwe Muoghalu Celebrates 3rd Ofala Festival; Confers Chieftaincy Title On Ezenwanne, 'Ors Chidiebele…
Nigerian Army Hosts West African Social Activities in Onitsha, Receives Commendation from Governor Soludo
The Governor of Anambra State, Professor Chukwuma Soludo, has lauded the Nigerian Army for their…
Soludo Leads Anambra State Executive Council and Local Government Mayors in Strategic 2025 Retreat
Anambra State Governor, Prof. Chukwuma Soludo, has set the tone for the 2025 fiscal year…
Lifting Anambra Together In 2025: A New Belief
By Christian ABURIME As time turns, and we usher in the promising arrival of 2025,…
Lasted Finance
Nigeria’s Bank Verification Numbers Reach 64.8 Million in January 2025
The total number of Bank Verification Numbers (BVN) issued in Nigeria has reached 64.8 million as of January 2025, reflecting…
CBN Warns Banks Against Cash Hoarding, Sets Penalties for Violations
The Central Bank of Nigeria (CBN) has issued a stern warning to Deposit Money Banks (DMBs) against hoarding and diverting…
Nigeria’s FX Market Faces Persistent Challenges Despite CBN Measures, Says Fitch
Despite multiple interventions by the Central Bank of Nigeria (CBN) to stabilize the foreign exchange market, Fitch Ratings has flagged…
Senate Passes Bill to Strengthen NDIC’s Role in Protecting Depositors and Enhancing Financial Stability
The Nigerian Senate has passed the "Nigeria Deposit Insurance Corporation Act No 33 of 2023," a bill aimed at bolstering…
Access Bank Postpones Planned System Upgrade Scheduled for October 12
Access Bank has announced the postponement of its planned system upgrade, which was originally set to commence on Saturday, October…
UAE Leads Global Cryptocurrency Ownership, Vietnam and US Follow Closely
A recent study has ranked the United Arab Emirates (UAE) as the global leader in cryptocurrency ownership, according to a…
CBN Governor Warns of Fraud Risk in Dormant Bank Accounts
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has highlighted the vulnerability of dormant bank accounts to…
CBN Orders Transfer of Dormant Account Funds to Central Bank
The Central Bank of Nigeria (CBN) has issued a directive for all banks and financial institutions to transfer funds from…