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)...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirement as part of efforts by Governor Yemi Cardoso to restructure...
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has approved the appointment of Mr Benson Ogundeji as the chief executive of Greenwich Merchant Bank Limited....
By Adedapo Adesanya Despite the threat by the Central Bank of Nigeria (CBN) to penalise commercial banks that fail to provide cash to customers at their...