Sunday, April 12, 2026
ABCON welcomes CBN move against domiciliary account collateral for naira loans
Business a.m. The recent move by the Central Bank of Nigeria (CBN) to ban the use of non-export domiciliary accounts...
Read moreDetailsABCON back to CBN with a plea amid losses from dollar allocation
Onome Amuge The Association of Bureaux De Change Operators of Nigeria (ABCON) has made a passionate plea to the...
Read moreDetailsABCON sees further naira recovery on CBN recall of BDCs to FX market
Business a.m. The Association of Bureaux de Change Operators of Nigeria (ABCON) sees the recovery of the Naira continuing on...
Read moreDetailsStronger dollar prolongs recovery for emerging markets currencies
Nigeria’s Naira in pit for much longer PHILLIP ISAKPA IN LONDON, UK Unfolding economic dynamics in the United States that...
Read moreDetailsCBN working on true price discovery of undervalued naira,Cardoso assures
Business a.m Yemi Cardoso, the governor of the Central Bank of Nigeria (CBN) has acknowledged that the naira is currently...
Read moreDetailsNigerian money supply drops to N71.33trn in November-CBN
Cynthia Ezekwe The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s total money supply declined to N71.33 trillion in...
Read moreDetailsATM usage plunges to 40% amid naira scarcity – KPMG
Business a.m A new report by KPMG has found that the scarcity of cash in circulation has led to a...
Read moreDetailsJPMorgan strategists say retail investors have outperformed institutional investors in Bitcoin investment
Charles Abuede JP Morgan Chase’s research strategists have revealed that retail investors have purchased more Bitcoins than institutional traders....
Read moreDetailsEmefiele says Naira 4 dollar policy will give Nigerians in the diaspora cheaper and convenient means to sending remittances home
Policy to exist for just 60 days in a bid to check round-tripping Charles Abuede Nigeria’s apex bank...
Read moreDetailsDollar slump puts investors on edge about its status as world’s reserve currency
Some investors are worried the U.S. response to the coronavirus pandemic is dealing a body blow to the dollar, potentially...
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