Nigeria to take significant action to save naira as inflation continues to haunt country
Naira slipped by 0.7%, its steepest decline in nearly six months, in official trading on the Nigeria Exchange on June 2023...
Tag : Central Bank of Nigeria
Nigeria launches Africa’s first digital currency after banning crypto exchanges
The e-Naira could potentially boost Nigeria's GDP by $29 bn over the next decade...
Nigerian digital bank Kuda secures $25 mn Series A funding
The funding round was led by New York-based venture capital firm Valar Ventures...
Nigeria to resume forex sales to the Bureaux de Change operators
The central bank has injected $51.8 million into the foreign exchange market...
Nigeria suspends layoffs for banks despite difficult times
Commercial lenders will have to seek approval from the central bank to implement job cuts...
CBN to strictly regulate Nigeria’s fintech sector
The central bank is also identifying illegal fintech companies and bringing them under regulatory control...