CBN optimistic about FX market reforms
By Omeiza Bilal The Central Bank of Nigeria (CBN) has expressed optimism that the reforms it has implemented in the...
Banking & Finance
Bears persists as domestic equities shed N481bn
The local equity market on Thursday declined N481 billion as bears dominated the market following investors profit taking activities Market...
E-payment transactions in Nigeria hit record N600trn in 2023 – NIBSS
Nigeria’s transition to a cashless economy got a significant boost as electronic payment transactions witnessed a dramatic surge from N387...
CBN raises N1trn in TBill auction
By Uzezi Samuel Sources involved in forex reforms at the Central Bank of Nigeria have indicated that the Monetary Policy...
Local market sheds N1bn
By Omeiza Bilal Trading activities on the floor of Nigerian Exchange on Wednesday depreciated by N1 billion as bears dominated in...
Senate pledges to roll out new capital market reforms
Omeiza Bilal The Chairman, Senate Committee on Capital Market and Institutions, Osita Izunaso has assured on the commitment of the...
Domestic equity sheds N850bn
The local equity market Tuesday sustained declining profile, shedding N850 billion as declined in the shares of BuaCement, FBNHoldings, Nigerian...
FX transaction hits $800m – Cardoso
Nigerian central bank Governor Olayemi Cardoso said that dollar liquidity in the country’s currency market has risen sharply, pointing to...
CBN has settled $2.3bn legitimate forex requests – Cardoso
By Uzezi Samuel The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso says the apex bank has already...
ACAMB elects new executive committee to drive its next phase of growth
…As new President harps on collaboration Members of the Association of Corporate and Marketing Communication Professionals in Nigerian Banks (ACAMB)...
