Nigeria’s FX market records $31.06bn inflows in 7months, foreign share at 39%
Nigeria’s foreign exchange market recorded $31.06 billion in total inflows between January and July 2025, with foreign sources accounting...
CBN
N2.2trn liquidity mop-up cuts banks’ deposits with CBN by 31.6%
Banks’ deposits with the Central Bank of Nigeria (CBN) slumped by 31.6 per cent last week...
CBN, NDIC forge tighter alliance to stabilise banking sector amid recapitalisation push
Nigeria’s apex banking regulator and its deposit insurer have pledged deeper collaboration to safeguard financial stability as the...
Breaking: CBN limits maximum cash withdrawal from ATM to N100,000 per week
The Central Bank of Nigeria (CBN) has limited the maximum cash withdrawal an individual can withdraw from Automated Teller Machine...
2023: Naira nosedives as aspirants mop up dollars ahead of APC, PDP primaries
An emerging report by Daily Trust indicates that aspirants are mopping up dollars across the country ahead of the primaries...
