The Central Bank of Nigeria (CBN) has announced that its first Monetary Policy Committee (MPC) earlier scheduled for February ...
Legit on MSN1d
Nigeria’s Foreign Reserves Hit 5-Month Low, Depreciates by $1.38 Billion as Naira Remains StagnantNigeria's foreign exchange reserves have depleted by $1.38 billion, hitting a five-month low as the CBN's data shows that ...
The Punch on MSN8h
Recapitalisation: Fidelity Bank to raise funds via private placementFidelity Bank has indicated that it would be raising additional funds via private placements to meet the new capital threshold of the Central Bank of Nigeria for banks operating in the ...
Legit on MSN5d
Nigeria’s FX Reserves Depreciate by $1.19 Billion Amid CBN’s Move to Defend Naira, Service DebtsNigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...
At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...
Cryptopolitan on MSN2d
Nigeria set to welcome its first licensed stablecoinNigeria is set to witness the launch of its first-ever licensed stablecoin cNGN. According to reports, the stablecoins will ...
Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has asked the Federal Capital Territory (FCT) High Court in ...
Nigeria is set to welcome its first fully compliant stablecoin, cNGN, licensed by the CBN and the SEC. Stablecoins are ...
The Punch on MSN2d
Nigeria’s treasury bills draw N3.22tn from investors amid high yieldsNigeria’s treasury bills auction has attracted a total subscription of N3.22tn, reflecting heightened investor appetite amid ...
Fidelity Bank Plc says it has successfully concluded the first phase of its equity capital raise, securing a 238 percent ...
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