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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Money
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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After reappointment, Afreximbank president vows to create integrated African market
The President of the African Export-Import Bank, Prof. Benedict Oramah, has said the ultimate goal under his second term of
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COVID-19: AfDB approves $288.5m loan for Nigeria
The Board of Directors of the African Development Bank has approved a $288.5 million loan to help Nigeria tackle the
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ANALYSIS: Did Tinubu’s opinion influence CBN interest rate decision?
In a surprise move on Thursday, the Central Bank of Nigeria cut its key interest rate, the Monetary Policy Rate,
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CBN cuts interest rate to 12.5%, lowest in four years
The Monetary Policy Committee of the Central Bank of Nigeria has reduced the Monetary Policy Rate by 100 basis points
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Nigerian banks face asset quality, further devaluation threats – CSL
The current economic realities mean that Nigerian banks face asset quality and further devaluation threats, which may impact capital in
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Ecobank named most innovative bank in Africa
Global Finance has named Ecobank as the most innovative bank in Africa. The announcement was made at the eighth Global
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