The Central Bank of Nigeria (CBN) has once again brought to the forefront a persistent yet underappreciated challenge in the ...
According to a recent National Bureau of Statistics (NBS) report, Nigeria imported arms and ammunition worth over N520 ...
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 MSN20h
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 ...
Independent Newspaper Nigeria on MSN4h
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 $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 ...
Legit.ng on MSN19h
Naira Bounces Back Against US Dollar After Days of LossesThe value of the Nigerian currency improved in the Nigerian Foreign Exchange Market (NFEM) against the United States dollar, ...
A statement about recruitment into the Bank of England (similar to that of the US Federal Reserve) describes the bank as an ...
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% ...
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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