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The Arewa Youth Assembly (AYA) has accused the Central Bank of Nigeria (CBN) of secretly recruiting over 400 new staff to replace 1,000 employees who were...
The Central Bank of Nigeria (CBN) has reiterated that the 1,000 employees disengaged in December 2024 voluntarily opted for the Early Exit Programme and were not...
There is no end in sight yet to the low cash supply by commercial banks as customers face increasing difficulty with cash withdrawal, checks by Daily...
The Association of Senior Staff of Banks, Insurance, and Financial Institutions has attributed the worsening cash shortage across the country to the Central Bank of Nigeria’s...
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the apex bank will ensure a steady supply of cash to tackle shortages across the...
Nigeria’s external reserve reached a record high of $34.07 billion on June 26, 2024. This is according to the Central Bank of Nigeria’s latest FX data...
The Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at...
The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa’s largest economy looks to recover from a historic...
Nigeria’s forex reserves have risen to $34 billion according to the governor of Nigeria’s central bank, Olayemi Cardoso. He stated this while delivering the communique at...
The Naira appreciated slightly against the US dollar in the foreign market on Wednesday. Data from FMDQ showed that the Naira recorded a gain to trade...