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WorldRemit to continue offering Naira 4 Dollar in Nigeria

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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,...

FX Watch: Reserves drop US$111.56 million w/w to US$34.61 billion, turnover...

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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...

Weekly FX Watch: Nigeria’s FX reserves depleted again by US$173.24 million...

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SAT 08 MAY, 2021-theGBJournal- Nigeria’s FX reserves position sustained its decline, as outflows from the reserves outstripped inflows. Thus, it dipped by USD173.24 million...

Naira 4 Dollar: Central Bank of Nigeria extends scheme until further...

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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...

Moody’s places First Bank of Nigeria Limited’s ratings on review for...

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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...

FX WATCH: Nigeria’s FX reserves sustain decline, drops by US$185.39 million...

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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...

FBN Holdings Plc confirm cooperating with the Central Bank of Nigeria,...

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By Audrey Lotechukwu FRI 30 APRIL, 2021-theGBJournal- In a statement to the Nigerian Exchange Limited (NGX) today, FBN Holdings Plc confirmed it is cooperating with...

Central Bank of Nigeria reinstates Sola Adeduntan as MD/CEO First Bank...

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By Chrystal NK Chukwudebe THUR 29 APRIL, 2021-theGBJournal- In a swift turn of event, the Central Bank of Nigeria (CBN) has reinstated Sola Adeduntan as...

Quick Take: Economy’s fragile state will continue to hamper non-oil revenue

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SAT 24 APRIL, 2021-theGBJournal- According to the January 2021 economic report of the Central Bank of Nigeria (CBN), the retained revenue of the FGN...

Treasury bills market depressed by Illiquidity as yield across instruments end...

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SAT 24 APRIL, 2021-theGBJournal- The Treasury bills secondary market remained bearish following the persistent illiquidity in the interbank market. As a result, the average...