Finance & Banking

The Naira hits a historic low in the official market

The Nigerian naira hit a historic low of N1,534 against the US dollar on the official Nigerian Autonomous Foreign Exchange Market on Monday, marking...

CBN will withhold Ways and Means support for the federal government until the outstanding debt is settled, according to Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced that the apex bank will cease providing Ways and Means to the Federal...

United Capital supports the Central Bank of Nigeria in fostering collaborations with stakeholders

United Capital Group, an asset management group, has voiced its support for the Central Bank of Nigeria's decision to collaborate with various stakeholders in...

FCMB introduces an accelerator initiative aiming to support one million SMEs

First City Monument Bank has initiated an accelerator program aimed at enhancing the skills and fostering the growth of over one million small and...

Directors of banks support the Central Bank of Nigeria’s decision to sell surplus dollars

The Bank Directors Association of Nigeria expresses its support for the Central Bank of Nigeria's directive, urging commercial banks to cease "hoarding" foreign currencies. In...

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