The bank advised the public to ignore the news report in its entirety, saying it’s speculative and calculated at causing panic in the market.
“For the avoidance of doubt, the exchange rate at the Investors’& Exporters’(I&E) window, which traded this morning (June 1, 2023) at N465/US$1 and has been stable...
Despite the decision taken by the MPC in 2022 under the leadership of the governor of the CBN, the leadership of the NBS recently, specifically less...
Analysts in the country had predicted the CBN and the MPC might raise the lending rates at the end of the Monetary Policy Committee.
Recall that in December last year, the CBN released the redesigned N200, N500, N1,000 slating January 31st as the deadline for the old notes to cease...
In fact, not a few Nigerians are insinuating that failed financial transactions currently being experienced by bank customers are been caused by telecom operators (Telcos) whose...
He said, “Apart from being the president of NACCIMA, I am in the palm oil trade. I have a vegetable oil refinery. We don’t have enough...
Digital banking has provided a more accessible means of financial transaction as opposed to traditional banking. The traditional banking model relied on physical branches and personal...
The Nigerian financial system with the guidance of its regulatory bodies plays a fundamental role in the growth and development of the country. The effectiveness and...
By and large, the roles acquainted with the success of commercial transactions are colossal in nature and one may wonder at what stage a lawyer fits...