The Naira continued its upward trend on Wednesday, appreciating further at the official market and closing at N1,596.70 to the U.S. dollar. According to data released on the Central Bank of Nigeria’s official website, the local currency gained N3.33 against the dollar. Advertisement Naira strengthens further against Dollar …C0NTINUE READING HERE >>>>
The Central Bank of Nigeria (CBN), in partnership with the Nigeria Inter-Bank Settlement System (NIBSS), has officially launched a secure digital platform for banking access for Nigerians living overseas, named the Non-Resident BVN (NRBVN). The central bank announced on its X handle on… Just in: CBN launches unique BVN platform for Nigerians in diaspora …C0NTINUE … Read more
The Central Bank of Nigeria has finally dismantled the longstanding obstacles that have kept millions of Nigerians in diaspora disconnected from their homeland’s financial system. With the launch of the Non-Resident Bank Verification Number (NRBVN), yesterday in Abuja, the CBN… The CBN just removed these 7 banking barriers for Nigerians abroad …C0NTINUE READING HERE >>>>
Governor of the Central Bank of Nigeria, Olayemi Cardoso, said Nigerians are not avid readers. This comes as he went further to encourage Nigerians to engage more with key economic policy documents, including the Nigeria Development Update by the World Bank. He spoke at the… Nigerians don’t read enough – CBN Governor, Cardoso …C0NTINUE READING … Read more
The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS) on Tuesday officially inaugurated the Non-Resident Bank Verification Number (NRBVN) platform in Abuja. According to the apex bank, this innovative digital gateway allows Nigerians… CBN unveils BVN platform for diaspora Nigerians …C0NTINUE READING HERE >>>>
The Central Bank of Nigeria, CBN, in partnership with the Nigeria Inter-Bank Settlement System (NIBSS), has launched the Non-Resident Bank Verification Number, NRBVN, platform to ease the inflow of diaspora remittances. The new platform, unveiled on Tuesday, is aimed at… CBN unveils new platform to unlock more diaspora remittances into Nigeria …C0NTINUE READING HERE >>>>
The Concerned Citizens Network for Democracy (CCND) has given the Benue and Zamfara State Houses of Assembly a 72-hour ultimatum to recall all suspended lawmakers or face legal action seeking to halt statutory monthly allocations to the two states. In a statement issued in… Why CBN, Accountant General must stop allocations to Benue, Zamfara — … Read more
The Nigerian currency, the Naira, experienced a decline in the official market, trading at ₦1,602.18 per dollar. According to data from the Central Bank of Nigeria (CBN) website, this reflects a loss of ₦5.49. Henzodaily reports that this decline equates to a 0.34 per… Nigerian Currency Declines At Official Market …C0NTINUE READING HERE >>>>
The Central Bank of Nigeria (CBN) reported a 41.3 per cent year-on-year reduction in losses, amounting to ₦680.62 billion for the financial year ending December 31, 2024, a decrease from the ₦1.16 trillion loss recorded in 2023. Henzodaily reports that this information was… CBN Records 41.3% Decline In Loss …C0NTINUE READING HERE >>>>