Posted inBusiness Picked for you Trending Now
Banks Load ATMs With Cash Following CBN Fine
Deposit Money Banks (DMBs) in Nigeria have promptly responded to penalties imposed by the Central…
Posted inBusiness Picked for you Trending Now
List Of Banks Fined For Not Dispensing Cash During The Festive Period
The Central Bank of Nigeria (CBN) has imposed fines on several Deposit Money Banks (DMBs)…
Posted inBusiness Picked for you
Notore Chemical Reports Escalating Losses in H1 2024 Amid Rising Finance Costs
Notore Chemical Industries Plc, a leading Nigerian producer of fertilizers and agro-allied products, continues to…
Posted inPicked for you
CBN increases MPR to 26.75% amid rising inflation concerns, impacts equity market
The Central Bank of Nigeria (CBN) has once again raised its benchmark interest rate, known…
Posted inBusiness Picked for you
CBN Prohibits Foreign Currency Collaterals for Naira Loans
The Central Bank of Nigeria (CBN) has implemented a new directive that prohibits the use…
Posted inBusiness Picked for you
Nigerian Banks to Raise Over N3 Trillion in Capital Amid Regulatory Changes
Nigerian commercial banks are poised for significant capital restructuring as they face a stringent directive…
Posted inPicked for you
CBN Sets Deadline for Banks to Submit Capital Requirement Plans by April 30
In an effort to strengthen the financial stability of the Nigerian banking sector, the Central…
Posted inBusiness Picked for you
NACCIMA Commends CBN for Clearing $7bn Forex Backlog, Calls for Immediate Action on Unresolved FX Requests
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has acknowledged the…
Posted inPicked for you
CBN Increases Key Interest Rate to 24.75%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided…
Posted inBusiness Picked for you
Experts Support Potential Interest Rate Increase as CBN’s MPC Gathers on March 25
Prominent economic analysts from top investment and research firms in Nigeria are predicting that the…