Naira gains N12.41 to N1,343.76 against dollar at official market
The Naira on Tuesday further appreciated at the official market trading at N1,343.76 against the US dollar. According to data ...
Tag: CBN
Nigeria: House of Reps urges flexible repayment plan for COVID-19 loans
Nigeria’s House of Representatives has directed the Central Bank of Nigeria (CBN), NIRSAL, and SMEDAN to restructure the repayment system ...
Nigeria: How Banks raised N4.65trn to power growth
By Abiodun Folarin WorldStage-- Nigeria’s banking sector has entered a new phase of strength and resilience, marking a major milestone ...
N4.65trn in the vault, but is the real economy locked out?
By Blaise Udunze Following the successful conclusion of the banking sector recapitalisation programme initiated in March 2024 by the Central ...
CBN inaugurates payments committee to strengthen digital economy
WorldStage-- The Central Bank of Nigeria (CBN) has inaugurated a Payments Service Providers’ Committee to strengthen coordination, address challenges and ...
Nigeria’s banking sector strengthened as 32 banks hit new capital mark
*As CBN adopt measured approach toward Union Bank of Nigeria, Keystone Bank, Polaris Bank By Abiodun Folarin High expectations surround ...
33 Nigerian banks raise ₦4.65trn in recapitalisation to strengthen system stability – CBN
By Abiodun Folarin The Central Bank of Nigeria (CBN) has concluded its banking sector recapitalisation programme, with Nigerian banks raising ...
Post Recapitalisation: GTCO’s shareholders ‘ funds hits N3.4trillion, to pay N12.76 dividend
By Bamidele Famoofo The stake of shareholders in GTCO Plc, one of Nigeria's biggest financial group has increased as a ...
CBN scraps cash pooling for IOCs, allows 100% repatriation of export proceeds
By Abiodun Folarin WorldStage-- The Central Bank of Nigeria (CBN), has removed the cash pooling requirement for International Oil Companies ...
CBN Scraps Cash Pooling for IOCs, Allows 100% Repatriation of Export Proceeds
By Abiodun FolarinThe Central Bank of Nigeria (CBN), has removed the cash pooling requirement for International Oil Companies (IOCs), stating ...
