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13 banks need N3.31trn to meet CBN threshold

With the upward review of capital requirements for commercial banks by the…

Naira gains 660 against dollar since BDCs’ return

The naira has appreciated to N1,255/$ representing N660 gain, from February low…

5 Min Read

CBN removes limit on PAPSS for trade payment services

The Central Bank of Nigeria (CBN) has removed limits placed on trade…

2 Min Read

Sterling Bank, EAS partner to support SMEs in export

Sterling Bank Limited, has partnered with Export and Sell Nigeria Limited (EAS)…

2 Min Read

Super-sized liquidity returns to Nigeria’s FX market as daily trades near $1bn

Turnover in Nigeria’s foreign exchange market jumped to the highest in a…

2 Min Read

Dollar falls to N1,280 on black market on CBN policies

The naira has continued to appreciate as the US dollar is currently…

3 Min Read

Guaranty Trust Bank Uganda transits to Tier 2 credit institution

Guaranty Trust Bank (Uganda) Ltd on Thursday announced its intention to transition…

3 Min Read

Banks’ credit growth to private sector slows by 5% in February

The rate of increase in deposit money banks’ credit to the private…

5 Min Read
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