Tag: CBN

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...

…Overnight lending rate expands by 50bps to 15.3% WED 28 APRIL, 2021-theGBJournal-Mixed sentiments persisted in the local bourse, as sell-off of large cap DANGCEM (-7.3%)...

MON 26 APRIL, 2021-theGBJournal- The domestic equities market opened the week with positive sentiments, as buying interests in NB (+1.6%) and WAPCO (+1.1%) spurred...

By Audrey Lotechukwu MON 26 APRIL, 2021-theGBJournal- The IndustriALL Global Union has called on Governor Nasir El-Rufai to “reconsider and withdraw” the mass sack of...