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Currency Outside Banks Up 150% YoY to N3.63tn, 94% of CIC

Business | Nume Ekeghe Latest data released by the Central Bank of Nigeria (CBN), has revealed that the amount of currency held outside banks surged to N3.63 trillion in March 2023, representing a significant portion of the total currency in circulation (CIC), which stood at N3.87 trillion. This surge reflects a notable 150.98 per cent increase year-on-year (YoY) compared

Nigeria
Central-bank
Nume-ekeghe
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Olusegun Adeniyi: At Wema Bank, Anti-fraud  Campaign is Our Priority

Olusegun Adeniyi: At Wema Bank, Anti-fraud  Campaign is Our Priority
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Nigerian
Nume-ekeghe
Olusegun-adeniyi
Wema-bank
Customer-service
Fraud-campaign
Twitter
Fintech-company
Facebook
Customer-service-representative

Nigeria Joins Afreximbank's FEDA to Strengthen African Export Development

Nigeria Joins Afreximbank's FEDA to Strengthen African Export Development
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Togo
Zimbabwe
Kenya
Egypt
Nigeria
Mauritania
South-sudan
Gabon
Rwanda
Congo
Guinea

Fitch Revises Nigeria's Outlook to Positive, Affirms 'B-' Rating amid Market-friendly Reforms

Fitch Revises Nigeria's Outlook to Positive, Affirms 'B-' Rating amid Market-friendly Reforms
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9PSB Reiterates Commitment to Empowering Women Entrepreneurs

9PSB Reiterates Commitment to Empowering Women Entrepreneurs
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Lagos
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Kunle-isiaka
Medium-scale-enterprises
Payment-service-bank
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Women-entrepreneur-as-catalyst-for-sustainable-development
Women-chamber
Service-bank

Naira Gains at Official Market, Marginally Declines at Parallel to N1390/$1, N1,330

Naira Gains at Official Market, Marginally Declines at Parallel to N1390/$1, N1,330
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Nume-ekeghe
Nigerian-autonomous-foreign-exchange

Deployed POS Across Nigeria Reached 2.68m in March, 47.36% YoY Increase

Deployed POS Across Nigeria Reached 2.68m in March, 47.36% YoY Increase
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Nigeria
Nume-ekeghe
Bank-settlement-system
Nigeria-inter-bank-settlement-system

To Attract Dollar Inflows, Strengthen Naira, FG Plans $10bn Diaspora Fund

To Attract Dollar Inflows, Strengthen Naira, FG Plans $10bn Diaspora Fund
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Abuja
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James-emejo
Nume-ekeghe
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Nigerian-autonomous-foreign-exchange

Naira Weakens Further to N1,309/$ at Official Window, Plunges to N1,450/$ at Parallel Market

Naira Weakens Further to N1,309/$ at Official Window, Plunges to N1,450/$ at Parallel Market
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Idakolo-gbolade
Nume-ekeghe
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Uche-uwaleke
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Afriexim-bank

Nigeria's Treasury Bills Auction Oversubscribed by 254.23 Per Cent

Nigeria's Treasury Bills Auction Oversubscribed by 254.23 Per Cent
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