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Nigeria's Naira Jumps to N1,280/$ at Parallel Market: Traders React
Nigeria Nigeria's Naira Jumps to N1,280/$ at Parallel Market: Traders React
Nigeria News
1 min read
The Nigerian Naira witnessed a remarkable appreciation, reaching N1,280 per dollar at the parallel segment of the foreign exchange market. This...
Nigeria's Economy Receives Boost: CBN Announces $1.5bn Influx
Nigeria Nigeria's Economy Receives Boost: CBN Announces $1.5bn Influx
Nigeria News
2 min read
The Central Bank of Nigeria (CBN) has reported a substantial inflow of over $1.5 billion in recent days, signaling a positive outlook for the...
Bank Mergers Loom as CBN Raises Minimum Capital Thresholds: What Businesses and Banks Need to Know
Nigeria Bank Mergers Loom as CBN Raises Minimum Capital Thresholds: What Businesses and Banks Need to Know
Nigeria News
2 min read
The Central Bank of Nigeria (CBN) has announced sweeping financial reforms, significantly raising minimum capital requirements for banks across...
Major Banking Overhaul: CBN Sets ₦500 Billion Minimum Capital Base for Banks
Nigeria Major Banking Overhaul: CBN Sets ₦500 Billion Minimum Capital Base for Banks
Nigeria News
1 min read
Central Bank of Nigeria (CBN) has announced sweeping changes to minimum capital requirements for banks. The circular, signed by Haruna Mustafa...
CBN Sets New Standards: Nigerian Banks Tasked to Increase Capital Base for Stability
Nigeria CBN Sets New Standards: Nigerian Banks Tasked to Increase Capital Base for Stability
Nigeria News
1 min read
In a move aimed at strengthening the resilience of Nigeria's banking sector, the Central Bank of Nigeria (CBN) has announced significant increases...
Businesses Under Pressure: CNG Demands Price Reduction Amidst Naira Improvement
Nigeria Businesses Under Pressure: CNG Demands Price Reduction Amidst Naira Improvement
Nigeria News
1 min read
The Coalition of Northern Groups (CNG) has called on businesses to reassess their pricing strategies in light of the recent boost in the Naira's...
Crypto Mogul Sam Bankman-Fried Receives 25-Year Sentence for FTX Fraud
Nigeria Crypto Mogul Sam Bankman-Fried Receives 25-Year Sentence for FTX Fraud
Nigeria News
1 min read
Image Credit: Cointelegraph Sam Bankman-Fried, the once-prominent figure in the cryptocurrency world and founder of FTX, has been sentenced to 25...
X (Formerly Twitter) to Offer Premium Features Free for Verified Accounts, Elon Musk Announces
Nigeria X (Formerly Twitter) to Offer Premium Features Free for Verified Accounts, Elon Musk Announces
Nigeria News
1 min read
Elon Musk has declared that select verified X (formerly Twitter) accounts will now receive free access to X Premium features. Musk announced via a...
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