Nigerian banks’ credit to economy hits N19.87tn in Q3
The total amount of loans advanced by Nigerian banks to the economy rose by 5.58 percent to N19.87 trillion in
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Money
Naira falls to 482/dollar despite new CBN policy
The naira weakened against the dollar to 482 at the parallel market on Monday, paring some of its recent gains,
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Diaspora remittances: IMTOs opposed new CBN policy, says Emefiele
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, said on Thursday that some International Money Transfer Operators
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Seven Nigerian banks post N54bn rise in profit despite COVID-19
FBN Holdings Plc and six other Nigerian banks saw their combined profit after tax increase by N54.02bn in the nine
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Naira in free fall, slumps to 495 against dollar
The naira fell to a new record low against the United States dollar on Thursday, trading near 500/$1 at the
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Nigeria’s external reserves resume decline, fall to $35.72bn
Nigeria’s foreign exchange reserves have started falling again, losing $23 million in the six days to last Thursday, according to
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Dollar shortage hits Nigerian bank’s dividend payment to GDR holders
Payment of dividends to holders of Nigeria’s Guaranty Trust Bank global depository receipts has been delayed due to difficulties in
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Ecobank Nigeria extends zero charge for money transfer
Ecobank Nigeria says it has extended its zero-charge fee for digital money transfers below N5,000 till the end of September
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We’ll boost external reserves to defend naira – CBN
The Central Bank of Nigeria has said it will strive to increase its foreign exchange reserves to safeguard the value
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Nigeria’s external reserves resume falling streak after $36.59bn high
Nigeria’s foreign exchange reserves have pared some of the recent gains after hitting a 2020 high of $36.59 billion last
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