CBN
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Union Bank Grows Profit Before Tax By 20% To N80b In H1 2024
Union Bank of Nigeria has reported a Profit Before Tax (PBT) of N79.8 billion and gross earnings of N333 billion…
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How Commercial Banks Borrowed N3 Trillion From CBN In One Week – Afrinvest Research
By Edu Abade Deposit Money Banks (DMBs) and discount houses in Nigeria have borrowed N3 trillion from the Central Bank…
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CBN Approves Forex Sale to BDCs at ₦1,590 per Dollar
The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible Bureau De Change (BDC)operators…
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CBN Governor Cardoso Defends Naira Float Policy to Restore Exchange Rate Credibility
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has explained that the decision to float the Nairain…
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CBN Governor Cardoso Reaffirms Commitment to Developing Future Leaders in Finance and Social Sciences
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has emphasized the Bank’s commitment to nurturing the…
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Nigeria’s Foreign Exchange Inflows Reach $57 Billion by August 2024, Says CBN
Nigeria’s foreign exchange (FX) inflowsreached an impressive $57 billion by August 2024, according to a report from the Central Bank…
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CBN Debunks Claims of Phasing Out Old Naira Notes by December 2024
The Central Bank of Nigeria (CBN) has refuted reports suggesting that the old series of N200, N500, and N1,000banknotes will…
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IFC, CBN Partner to Boost Local Currency Financing
The International Finance Corporation (IFC), a member of the World Bank Group, and the Central Bank of Nigeria (CBN)have entered…
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CBN to start gradual withdrawal of old notes ahead of 31st December deadline – House Of Rep
The Central Bank Of Nigeria (CBN) has been ordered by the House of Representatives to start the process of circulating…
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