Tag: central bank

Rather than fading, demand for gold exposure is transitioning, translating into a more intelligent and well-planned process.

The new AfreximBank chief pointed out that the structure of global trade was unfavourable to Africa.

The platform leverages the Pan-African Payment and Settlement System (PAPSS) developed in partnership with the African Export-Import Bank (AfreximBank) for ...

“At present, the best-performing sectors of the economy, like finance and ICT, while important as drivers of growth, are not ...

The governor also declared that Kaduna State is now one of the most peaceful sub-nationals in the country, adding that ...

The initiative by the Bank of South Sudan aims to expand instant payment systems across Africa.

“The agreement is valid for three years and can be renewed upon mutual consent.”

Mr Ajaero said that the NEC in-session had expressed concern over the persistent cash scarcity in Nigeria.

Nigeria's NIP has also been recognised as Africa's most inclusive instant payment system and is projected to become the continent's ...

The Central Bank of Nigeria said diaspora remittances increased year-on-year by 130 per cent to $553 million in July 2024 ...

The CBN instructed each BDC to sell the dollars to eligible customers at a rate not exceeding 1.5 per cent ...

Vice President Kashim Shettima said the government is committed to repositioning and reforming BOA to drive the administration’s food security ...

The surge in top-line now makes Access Holdings Nigeria’s biggest public company by revenue, confining the previous holder of the ...

The traditional ruler's suspension was pronounced during the Council’s February statutory meeting, presided over by the Alake and paramount ruler ...

The group also projects an average of 21.5 per cent in the year from an estimated average of 24.5 per ...

Mr Tinubu in a broadcast to mark the country's 63rd Independence Anniversary said he has started the housecleaning and has ...

Eight of Africa’s biggest economy’s bonds had ranked among the 20 worst-performing in the world in London at 10:45 WAT

“The rate is dropping...and traders are afraid to even buy the dollar from people as we speak,” a trader who ...

Mr Sanusi is a close ally of Nigeria's President Bola Tinubu.

The CBN, in its recently released Customer Due Diligence Regulations, 2023, directed all money deposit banks to obtain comprehensive information ...

Year to date, the index has returned 13.5 per cent.

That Mr Emefiele remains head of the Central Bank simply underscores the difficulty that we have had as a country ...

Naira recorded losses on the spot market to trade at N464.67 on Wednesday.