#ASIWAJUMEDIA, CBN, CHINA, Nigeria
Nigeria, China renew currency swap deal
December 28, 2024
The renewal comes as Nigeria seeks to stabilize its currency, the naira, which has faced significant depreciation following exchange rate liberalization earlier in 2024.
Imported Food Prices Soar by 42% in Nigeria
December 28, 2024
Nigeria’s Imported Food inflation soared to 42.29% in November 2024, as revealed by the Consumer Price Index report from the National Bureau of Statistics. This marks a sharp increase compared to the 23.74% recorded in...
Top 5 Apps That Pay Nigerians for Watching Videos in 2026
December 17, 2024
The idea of earning money simply by watching videos on your phone may sound too good to be true. Yet, with the rapid expansion of the digital economy, several mobile applications now reward users for...
2024 NYSC Zonal Preliminaries: Festive Kick-Off
June 6, 2024
The eagerly anticipated NYSC Sports and Cultural Festival Zonal Preliminaries commenced across the nation, spanning the five zones of the federation, with the exception of the South-East region. NYSC Lagos State chapter found itself in...
CBN Commissions Solar Motorised Borehole in Okpuitumo Community
June 6, 2024
The wife of the Governor of Ebonyi State, Chief Mrs. Mary-Maudline Uzoamaka Ogbonna Nwifuru, has graced the Okpuitumo Agaramugede Community with her presence to commission a Solar Motorised Borehole, funded by the CBN Staff, Ebonyi...
16 banking transactions exempted from cybersecurity levy
May 7, 2024
Following the announcement of the implementation of the cybersecurity levy on transactions, the Central Bank of Nigeria on Monday listed transactions granted exemption from the levy. The bank earlier directed all banks to charge a 0.5 per...
CBN Raises Minimum Capital Requirements for Banks: What You Need to Know
March 29, 2024
The Central Bank of Nigeria (CBN) has raised the Minimum Capital Requirements for Deposit Money Banks (DMBs) with national licenses from N25 billion to N200 billion. The central bank has increased the capital requirement for...
Access Holdings appoints Ms. Bolaji Agbede as acting Group Chief Executive Officer
February 13, 2024
Access Holdings Plc (‘the Company’) Board of Directors, has announced the appointment of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer of the Company following the unfortunate demise of its former Group Chief...
NARIA FALL: CBN Accuses Commercial Banks Of Hoarding $5billion
February 2, 2024
The Central Bank of Nigeria (CBN) have yesterday accused commercial banks of hoarding over $5 billion in foreign currencies against the threshold approved by the apex bank. The apex bank blamed the current forex scarcity and naira’s...
ICYMI: CBN disburses $500m to clear Forex backlog
January 29, 2024
The Central Bank of Nigeria (CBN) has disbursed $500 million across various sectors to expedite the resolution of verified foreign exchange transactions that have been pending. This development follows closely on the heels of the...
#ASIWAJUMEDIA, CBN, CHINA, Nigeria
Nigeria, China renew currency swap deal
December 28, 2024
The renewal comes as Nigeria seeks to stabilize its currency, the naira, which has faced significant depreciation following exchange rate liberalization earlier in 2024.
Imported Food Prices Soar by 42% in Nigeria
December 28, 2024
Nigeria’s Imported Food inflation soared to 42.29% in November 2024, as revealed by the Consumer Price Index report from the National Bureau of Statistics. This marks a sharp increase compared to the 23.74% recorded in...
Top 5 Apps That Pay Nigerians for Watching Videos in 2026
December 17, 2024
The idea of earning money simply by watching videos on your phone may sound too good to be true. Yet, with the rapid expansion of the digital economy, several mobile applications now reward users for...
2024 NYSC Zonal Preliminaries: Festive Kick-Off
June 6, 2024
The eagerly anticipated NYSC Sports and Cultural Festival Zonal Preliminaries commenced across the nation, spanning the five zones of the federation, with the exception of the South-East region. NYSC Lagos State chapter found itself in...
CBN Commissions Solar Motorised Borehole in Okpuitumo Community
June 6, 2024
The wife of the Governor of Ebonyi State, Chief Mrs. Mary-Maudline Uzoamaka Ogbonna Nwifuru, has graced the Okpuitumo Agaramugede Community with her presence to commission a Solar Motorised Borehole, funded by the CBN Staff, Ebonyi...
16 banking transactions exempted from cybersecurity levy
May 7, 2024
Following the announcement of the implementation of the cybersecurity levy on transactions, the Central Bank of Nigeria on Monday listed transactions granted exemption from the levy. The bank earlier directed all banks to charge a 0.5 per...
CBN Raises Minimum Capital Requirements for Banks: What You Need to Know
March 29, 2024
The Central Bank of Nigeria (CBN) has raised the Minimum Capital Requirements for Deposit Money Banks (DMBs) with national licenses from N25 billion to N200 billion. The central bank has increased the capital requirement for...
Access Holdings appoints Ms. Bolaji Agbede as acting Group Chief Executive Officer
February 13, 2024
Access Holdings Plc (‘the Company’) Board of Directors, has announced the appointment of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer of the Company following the unfortunate demise of its former Group Chief...
NARIA FALL: CBN Accuses Commercial Banks Of Hoarding $5billion
February 2, 2024
The Central Bank of Nigeria (CBN) have yesterday accused commercial banks of hoarding over $5 billion in foreign currencies against the threshold approved by the apex bank. The apex bank blamed the current forex scarcity and naira’s...
ICYMI: CBN disburses $500m to clear Forex backlog
January 29, 2024
The Central Bank of Nigeria (CBN) has disbursed $500 million across various sectors to expedite the resolution of verified foreign exchange transactions that have been pending. This development follows closely on the heels of the...
