Tag: CBN
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CBN Ban On Foreign Currency Will Make Naira Fall Even More – Fitch Ratings
Fitch, an international credit rating agency, has expressed concern that the Central Bank of Nigeria's (CBN) recent ban on commercial banks from holding net...
FAAC foreign currency rate gain reaches N2.84 trillion by 2023
The Federal Accounts Allocation Committee (FAAC) foreign exchange (FX) rate gain for the federal, state, and local governments was N2.52 trillion last year.
The sum...
Directors of banks promise to back the CBN’s new FX NOP directive
The Central Bank of Nigeria (CBN) has strengthened the country's financial system, and the Association of Bank Directors Association of Nigeria (BDAN) has praised...
King Charles diagnosed with cancer, Nigerians in South Africa Cautioned Amid Tension – Trending Today
Hello and welcome! In today's trending news stories;
1. King Charles has been diagnosed with cancer, announced by Buckingham Palace. The cancer was discovered during...
CBN Restricts Banks, Fintechs From International Money Transfers
The Central Bank of Nigeria (CBN) has imposed a ban on banks and financial technology companies (fintechs) participating in international money transfer services.Â
The revised...
