Finance & Economy
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Cardoso says CBN reforms yielding positive results, FX transaction volume hit $800 million
The Governor of the Central Bank of Nigeria (CBN) has stated that recent reforms of the apex bank are beginning…
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CBN uncovered $2.4b invalid FX claims, says Cardoso
The Central Bank of Nigeria (CBN) said it has uncovered a sum of $2.4 billion out of the previously reported…
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FG, states debts near N107tn, naira fall raises loans
Nigeria’s total debt (Federal Government and states’ loans) may hit at least N107.38tn soon following the approval of fresh borrowings…
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CBN Has Settled $2.3bn Verified FX Backlogs and Will Clear Outstanding $2.2bn Contracts Soon
The Central Bank of Nigeria has settled $2.3 billion foreign exchange contract backlogs, including that of the foreign airline funds…
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Exchange rate closes N1,419.86/$1 at official market as CBN plans ‘FCY Gateway Bank’
The Naira gained against the dollar on Monday, 5th February 2024 at the both official market and the black market. This…
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NGX continues bullish run as ASI hits 104,421.23 points
The NGX continued its bullish run as the All-Share Index appreciated by 1.57%, gaining 1,618.98 to close at 104,421.23 points. …
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2023 National budget foreclosed economic growth and jobs – Presidency
Mr. Bayo Onanuga, the Special Adviser to the President on Information and Strategy, has said that the 2023 national budget…
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CBN stops outbound IMTO transactions, also limits inflow payouts to Naira
The Central Bank of Nigeria (CBN) has restricted the operations of international money transfer operators (IMTOs) to only inbound transfers,…
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Guaranty Trust Holding Company Board Approves FY 2023 Audited Financial Statements; Awaits Regulatory Approval
Pursuant to the post-listing requirements of the Nigerian Exchange Limited for quoted companies, Guaranty Trust Holding Company Plc hereby informs…
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Bank of England Holds Interest Rates at 5.25% Post February 2024 Meeting
Monetary Policy Summary, February 2024 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2%…
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