CBN has authorised banks to dispense, accept old notes, Soludo confirms
business AM
March 13, 2023
By Business AM The Central Bank of Nigeria (CBN) has directed deposit money banks across the country to dispense old currency notes
CBN threatens to revoke banks’ forex licence over diaspora remittances in naira
Onome AmugeDecember 20, 2022
By Onome Amuge The Central Bank of Nigeria (CBN) threatened to withdraw foreign exchange dealership licences of banks that
H2’22 Outlook- Banks
VETIVA CAPITALJuly 18, 2022
BY VETIVA CAPITAL. What shaped the past week? Global: It was a week of selloffs across the global space, as recession concerns
CBN resumes forex sale to banks, to clear unmet forex demands
Businessam StaffSeptember 3, 2020
After many weeks of absence from the foreign exchange market during which huge unmet forex demands piled up, the Central Bank of
Banks, firms groan as forex scarcity affects payment obligations
Aderemi OjekunleAugust 18, 2020
BY: Moses olajuwon Obajemu Banks and other firms in the country have been groaning over their inability to raise enough forex to meet
Banks attracted $4.74bn foreign investment into the country in the first half of 2019
Businessam StaffNovember 11, 2019
According to the data obtained from the National Bureau of Statistics (NBS), 22 Nigerian banks attracted 33.16 per cent of the total
UBA, British Airways deal offers customers discounts for tickets bought with bank cards
Businessam StaffNovember 8, 2019
A deal put together by Nigeria headquartered pan African lender, United Bank for Africa (UBA) plc, and United Kingdom global airline,
Lagarde assumes duty as European Central Bank president
Tee KingNovember 1, 2019
A new era was beginning at the European Central Bank (ECB) on Friday as Christine Lagarde takes over from Mario Draghi at the head of
CBN raises banks’ LDR to 65 percent as credit grows
Businessam StaffOctober 1, 2019
The Central Bank of Nigeria has raised the loan to deposit ratio of banks to 65 percent, after the September 30 deadline given to the
Development of 40 acre creative industry park to begin with National Theatre takeover
Businessam StaffSeptember 30, 2019
The Central Bank of Nigeria (CBN) and the Bankers Committee will on Wednesday commence the implementation of the N22 billion Creative