First Bank of Nigeria Appoints Olusegun Alebiosu as Acting CEO
First Bank of Nigeria (FBN) Limited has appointed Olusegun Alebiosu as its acting CEO. Alebiosu's impressive professional journey began in...
CBN Boosts Forex Market: Sells Dollars to BDCs Below Market Rate N1,101/$1
Nigerians carefully clutch their handkerchiefs as they navigate the latest development from the Central Bank of Nigeria (CBN), which has...
Banking Landscape Shifts: Nigerian Banks Introduce New ATM Withdrawal Limits Amidst Cash Scarcity Concerns
In light of recent developments, Nigerian commercial banks have implemented new ATM withdrawal limits for their customers, further delineating the...
Naira Ascends: Robust Recovery Sparks Optimism in April Currency Markets
Following the Easter holiday hiatus, the foreign exchange market sprang back into action with notable developments. The Naira commenced trading...
Naira Strengthens to N1,290 per USD Amid CBN Interest Rate Hike
In a remarkable turn of events, the Nigerian Naira has continued its upward trajectory against the US dollar, reaching new...
Tinubu, CBN Commended for Naira Stabilization
The Independent Media and Policy Initiative (IMPI) praised the efforts of President Bola Tinubu and the Governor of the Central...
Central Bank of Nigeria Revokes Licenses of 4,173 Bureaux De Change Operators for Regulatory Violations
CBN Actions Towards Finance CBN Actions Towards Finance The Central Bank of Nigeria (CBN) has taken decisive action by revoking...