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In February, Nigerian Treasury bills yields fell by 3.5%, fueled by increased demand from investors. This shift occurred as Nigeria’s inflation rate of 24.48% lagged behind the CBN’s benchmark interest …
Nigerian Treasury Bills Yield Decline of 3.5% in February Read More
Banks in Nigeria have started enforcing new ATM fees mandated by the Central Bank of Nigeria, prompting widespread discontent among customers. This increase in transaction charges, which some argue disproportionately …
New ATM Fees: Customer Backlash Against Tinubu’s Economic Policies Read More
The CBN has strengthened its regulatory oversight to ensure a transparent financial system in Nigeria. A recent training workshop emphasized the importance of compliance with global banking standards. Experts highlighted …
CBN Enhances Regulatory Oversight to Protect Nigeria’s Financial System Read More
Banks in Nigeria have started enforcing new ATM transaction fees as mandated by the Central Bank of Nigeria, causing dissatisfaction among customers who feel the additional costs are burdensome, particularly …
Bank Customers Decry New ATM Fees Amid Financial Hardship in Nigeria Read More
SERAP has urged President Tinubu to suspend the recent ATM fee hikes until a court ruling is determined. The increase has prompted concerns about financial access and burdens on citizens. …
SERAP Calls on Tinubu to Suspend ATM Fee Increase Pending Court Ruling Read More
The collaboration between the Nigeria Customs Service (NCS) and the Central Bank of Nigeria (CBN) is essential for driving trade and economic stability in Nigeria. Under CGC Bashir Adewale Adeniyi, …
Customs and CBN: Pioneering Nigeria’s Economic Transformation Read More
The Naira gained value, trading at N1,492.49 against the Dollar, reflecting a 0.44 percent increase due to CBN reforms. Analysts praise the CBN’s efforts, but Professor Jonathan Aremu warns increased …
Naira Appreciates as CBN Reforms Yield Positive Results Read More
Global investors are increasingly attracted to Nigerian assets as reforms initiated by the Central Bank of Nigeria bolster confidence in the economy. As the Nigerian economy moves towards recovery by …
Increased Global Investment in Nigeria Amid Financial Sector Reforms Read More
Tigran Gambaryan of Binance has challenged the Central Bank of Nigeria’s claims regarding a $26 billion outflow, asserting it reflects cumulative trade volume. He criticizes the CBN for scapegoating Binance …
Binance Executive Refutes CBN’s Claims of $26 Billion Outflow from Nigeria Read More
U.S. mediator Amos Hochstein is negotiating a ceasefire between Hezbollah and Israel, facing criticism that any deal could ultimately benefit Hezbollah and Iran. A dispute exists regarding Israel’s right to …
Concerns Over Biden Administration’s Ceasefire Negotiations with Hezbollah Read More