The Central Bank of Nigeria (CBN) has once again brought to the forefront a persistent yet underappreciated challenge in the ...
Independent Newspaper Nigeria on MSN3h
Building Efficient Workforce For A Stronger Central BankIn a strategic move to strengthen the operations and regulatory oversight of the Central Bank of Nigeria (CBN), the apex bank’s management recently appointed new directors to fill diverse units within ...
The Punch on MSN1d
Nigeria’s foreign trade payments crash by 33%The amount dropped by $435.51m from $1.31bn total letter of credit payments made via official channels in 2023 to $873.1m in ...
Legit on MSN19h
CBN Data Shows Nigeria Spends $5.47bn Repaying Chinese, World Bank, IMF, Other Loans in 14 MonthsThe increase was due to payments to China’s Exim Bank, which rose to $182.04 million in Q3. Other creditors include the Exim ...
The Punch on MSN1d
Nigeria’s $1.1bn loan request may be granted soon – W’BankThe World Bank may approve a total of $1.13bn in loans for Nigeria before the end of March 2025 as part of ongoing efforts to ...
This was according to a report by KPMG and blockchain analytics firm Chainalysis, which highlighted the growing role of ...
Here are the seven top business stories you need to track this week — March 17 to March 21REPS OKAYS TAX REFORM BILLS, KEEP VAT AT 7.5% ...
A statement about recruitment into the Bank of England (similar to that of the US Federal Reserve) describes the bank as an ...
NIGERIA recently rebased its consumer price index (CPI) from 2009 to 2024, leading to a significant drop in the reported inflation rate from 34.80 per cent to 24.48 per cent.
When a bank transfer is initiated through NIP, the request is sent instantly to the recipient’s bank, and funds become ...
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