CBN to launch FX code for authorised dealers tomorrow, January 28
The Central Bank of Nigeria (CBN) says it will tomorrow, the 28th day of January, 2025, launch the Nigerian foreign
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MARKETS
Zenith Bank raises over N350bn through combined Rights Issue, Public offering
• secures regulatory approval for new capital Zenith Bank Plc has raised N350.4 billion through its recently concluded hybrid Rights
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Zenith Bank enhances staff pay by over 20%, promotes over 4,000
One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by announcing the promotion of
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Nigerian stock market poised for growth, ASAM predicts
• projects 39% returns The Nigerian stock market is expected to witness significant growth in 2025, with ongoing bank recapitalization
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CBN announces new compliance department, projects 4.17% GDP for 2025
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has announced plans to establish a Compliance Department
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CBN approves release of FX Code
The Central Bank of Nigeria (CBN) has said it has approved the release of the Nigerian Foreign Exchange (FX) Code.
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Naira slumps against US Dollar as Trump takes over power
The value Naira, Nigerian’s currency fell further against the United States dollar on the first day in office for President
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Electronic money transfers in Nigeria increased to N566.39trn by July
Nigeria’s usage of digital payments has significantly increased, as seen by the cumulative N566.39 trillion in electronic transfers that occurred
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CBN sanctions UBA, First Bank, Zenith and 6 others for failing to dispense via ATMs
The Central Bank of Nigeria (CBN) says it has sanctioned some Deposit Money Banks (DMBs) for failing to make Naira
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Temi Popoola charts Pan-African market vision at Ethiopian Securities Exchange launch
Temi Popoola, Group CEO of Nigerian Exchange Group Plc (NGX Group), reiterated the transformative potential of Africa’s capital markets
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