By Modupe Gbadeyanka In its determination to help the government achieve a $1 trillion economy by 2030, the Central Bank of Nigeria (CBN) has introduced two...
By Adedapo Adesanya Guaranty Trust Holding Company (GTCO) Plc recently completed the raising of N209 billion out of its targeted N400.5 billion public offer in the...
By Modupe Gbadeyanka In the first 10 months of 2024, the aggregate foreign exchange (FX) inflows into Nigeria increased by 41 per cent on a year-on-year...
By Aduragbemi Omiyale Guaranty Trust Holding Company (GTCO) Plc has completed the first phase of its equity capital raise programme aimed to boost the capital base...
By Adedapo Adesanya Nigeria’s Broad Money Supply (M2) increased by 51 per cent year-on-year to N108.96 trillion in November 2024, spurred by domestic borrowings by the...
By Adedapo Adesanya A recent survey by the Central Bank of Nigeria (CBN) says businesses have projected depreciation of the Naira in the first three months...
By Modupe Gbadeyanka Any bank caught supplying minted Naira notes to currency hawkers will have to pay a fine of N150 million, the Central Bank of...
By Aduragbemi Omiyale The Central Bank of Nigeria (CBN) has reaffirmed that the old and new Naira notes will continue to be used for financial transactions...
By Adedapo Adesanya The Naira recorded a 3.3 per cent or N52.80 appreciation on the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on...
By Adedapo Adesanya The new foreign exchange (FX) trading system of the Central Bank of Nigeria (CBN) known as the Electronic Foreign Exchange Matching System (EFEMS)...
