Naira gets boost as CBN moves to curb speculative loan practices with new rule
Bank customers who speculatively used dollar-denominated currency as collateral to obtain naira loans are expected to begin massive sales or...
- Thursday, July 16, 2026
BusinessDay
Bank customers who speculatively used dollar-denominated currency as collateral to obtain naira loans are expected to begin massive sales or...
The International Monetary Fund (IMF) has said that cybersecurity policy frameworks, especially in emerging markets and developing economies, often remain...
The total assets of the African Export-Import Bank (Afreximbank) grew by 20.12 percent to $33.5 billion last year from $27.9...
The Naira, Nigeria’s currency on Monday strengthened to 1,230.61 per dollar on the official foreign exchange (FX) despite the declining...
The naira has maintained its appreciation on the official and unofficial market, strengthening to 1,200 on the black market after...
The Central Bank of Nigeria (CBN) on Monday banned the use of foreign currency-denominated collaterals for Naira loans, threatening to...
The Central Bank of Nigeria (CBN) on Monday reviewed the exchange rate for Bureau De Charge (BDC) Operators to N1,101...
Access Bank Plc, a Nigerian multinational commercial bank, has unveiled its innovative offline banking platform, known as ‘www.901.ng’, to provide...
The Association of Bureaux De Change Operators of Nigeria (ABCON), the umbrella body of licensed Bureaux De Change (BDCs), has...
The Apapa District of Assemblies of God Nigeria, Reverend Izuchukwu Chukwudebelu, Apapa district superintendent, has emphasized the importance of financial...