
Naira Strengthens to N1,520/$ as Forex Reserves Hit $41.5 Billion
Naira appreciated to N1,520/$ as Nigeria’s forex reserves rose for the ninth consecutive week to $41.5bn, driven by investor inflows
Naira appreciated to N1,520/$ as Nigeria’s forex reserves rose for the ninth consecutive week to $41.5bn, driven by investor inflows
The naira holds steady for nearly eight weeks at ₦1,520–₦1,537 per dollar the longest stable stretch in 2025 as CBN reforms
The naira strengthened slightly against the dollar on the first trading day of July 2025, as Nigeria’s ongoing FX reforms
Afreximbank disbursed $18.7 billion in 2024 to support African trade, with leaders at its 32nd AGM in Abuja urging stronger institutions
GTBank has started charging the ₦6.98 USSD fee from customers’ airtime instead of their bank accounts, following NCC and CBN directives
Access Holdings, Zenith Bank, and First Bank may halt dividend payments until 2028, following a CBN directive aimed at strengthening capital
Court of Appeal reverses final forfeiture of properties linked to ex-CBN Governor Godwin Emefiele, revealing he earned over N650 million yearly during his tenure.
CBN and NIBSS launch the NRBVN platform, allowing Nigerians abroad to obtain BVNs remotely and boosting diaspora remittances
Zenith Bank shareholders express frustration over CBN fines and rising taxes, warning that hefty penalties reduce dividends and strain investments.
Central Bank of Nigeria reports N2.77 trillion in gold reserves for 2024, driven by global price surges, as external reserves hit new records
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