Nigeria foreign reserve has risen to over $46 billion, according to the governor of the Central Bank of Nigeria (CBN), Yemi Cardoso.

Nigeria's foreign reserve has indeed hit a major milestone, surpassing $46 billion! This is the highest level since 2018, according to Central Bank of Nigeria (CBN) Governor Yemi Cardoso. This…

Continue ReadingNigeria foreign reserve has risen to over $46 billion, according to the governor of the Central Bank of Nigeria (CBN), Yemi Cardoso.

CBN Sets ₦1.2 Million Daily Transaction Limit for POS Agents, Caps ₦100,000 for Customers in New Regulatory Guidelines

The Central Bank of Nigeria (CBN) has introduced new operational guidelines for agent banking, setting a ₦1.2 million daily transaction cap per Point-of-Sale (POS) agent and a ₦100,000 daily limit…

Continue ReadingCBN Sets ₦1.2 Million Daily Transaction Limit for POS Agents, Caps ₦100,000 for Customers in New Regulatory Guidelines

Central Bank of Nigeria Governor, Mr Olayemi Cardoso, has hinted that lending rates may decline in the coming months.

Central Bank of Nigeria Governor Olayemi Cardoso has hinted that lending rates may decline in the coming months due to easing inflation, potentially boosting access to credit and investment flows.…

Continue ReadingCentral Bank of Nigeria Governor, Mr Olayemi Cardoso, has hinted that lending rates may decline in the coming months.

JUST IN: Union Bank of Nigeria has announced the successful completion of its merger with Titan Trust Bank Limited, following final approval from the Central Bank of Nigeria (CBN).

Union Bank of Nigeria has completed its merger with Titan Trust Bank Limited, following approval from the Central Bank of Nigeria. The merged entity will operate under the Union Bank…

Continue ReadingJUST IN: Union Bank of Nigeria has announced the successful completion of its merger with Titan Trust Bank Limited, following final approval from the Central Bank of Nigeria (CBN).

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