Tag: CBN

By Chrystal NK Chukwudebe TUE 25 MAY, 2021-theGBJournal- The Central Bank of Nigeria (CBN) Monday increased the minimum capital requirements for Payment Solutions Service Providers...

SUN 23 MAY, 2021-theGBJournal- At a time of fascinating developments in the domestic and external economy, the Monetary Policy Committee (MPC) is expected to...

By Arize Nwobu. THUR 20 MAY, 2021-theGBJournal- The power of information and communication in nation building and driving financial markets and economy is immense. Accurate...

Customers will continue to receive ₦5 for every US$1 received through the WorldRemit platform MON 17 MAY, 2021-theGBJournal- WorldRemit, a leading global cross-border payments company,...

SAT 15 MAY, 2021-theGBJournal- Nigeria’s FX reserves sustained its decline for the fourth consecutive week, as it dipped by USD111.56 million w/w to USD34.61...

THUR 06 MAY, 2021-theGBJournal-The local bourse posted a third consecutive decline in today’s session, as investors sold off on bellwethers – MTNN (-4.7%) and...

By Chrystal NK Chukwudebe THUR 06 MAY, 2021-theGBJournal- The Central Bank of Nigeria (CBN) said Wednesday that it is extending the Naira 4 Dollar Scheme...

THUR 06 MAY, 2021-theGBJournal- Moody's Investors Service, (Moody's) Wednesday placed all long-term ratings and assessments of First Bank of Nigeria Limited (First Bank) on...

SAT 01 MAY, 2021-theGBJournal- Nigeria’s foreign exchange reserves sustained its decline as outflows from the reserves outstripped inflows. Thus, it dipped by USD185.39 million...

By theGBJournal WED 28 APRIL, 2021-theGBJournal-The last decade witnessed tremendous changes in the nation’s banking landscape. The number of bank customers has grown, agency banking...