The Nigerian currency showed strength in the black market but dipped for the third consecutive time against the dollar at ...
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The Punch on MSN2025 budget: Fiscal discipline imperative to calm inflationPRESIDENT Bola Tinubu’s proposed 9.77 per cent increase in the 2025 budget from N49.7 trillion to N54.2 trillion is a double-edged sword. While a bigger budget may be necessary to address urgent ...
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See more full list of 9 Nigerian banks will no longer be able to use USSD codes from January 27The use of Unstructured Supplementary Service Data (USSD) platforms has been very important to the Central Bank of Nigeria’s (CBN ... yet to pay now face being cut off from USSD services ...
The Nigerian Communications Commission has approved telcos' decision to suspend USSD services for nine banks The banks owe N160 billion, an amount that has accumulated since 2019, and the telcos are ...
The Nigerian currency showed strength in the black market but dipped for the third consecutive time against the dollar at ...
Four major banks are on the brink of having their Unstructured Supplementary Service Data (USSD) services cut off today due to ... when they were defiant in the face of the impending sanctions.
The Central Bank of Nigeria (CBN) yesterday extended the $25,000 weekly sale to Bureaux De Change (BDCs) at the Nigeria Foreign Exchange Market (NFEM) by four months ending May 30. In a statement ...
From N1,620 which it closed last week, the naira sold on Monday at N1,610 to the dollar. A CBN circular cited by Leadership had said it will continue to sell $25,000 to eligible BDCs.
“As Nigeria’s banking industry moves towards compliance with the CBN’s new capital framework, the ongoing recapitalization drive is expected to deepen market liquidity, enhance financial ...
The Naira has enjoyed relative stability against the dollar since December 2024 due to sustained reforms by the Central Bank of Nigeria (CBN). The apex bank’s reforms are also boosting capacity ...
A prosecution witness, Salawu Gana, on Monday, detailed how a company secured a contract to supply vehicles to the Central Bank of Nigeria (CBN) through an unfair advantage allegedly obtained ...
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