Zimbabwe’s economic crisis reached a nadir in the late 2000s, characterized by one of the world’s severest hyperinflations. At its peak, prices doubled every 24 hours, rendering the Zimbabwean dollar.
Nigeria on Wednesday launched newly designed currency notes, a move that the West African nation’s central bank says will help curb inflation and money laundering. The newly designed denominations of.
The Central Bank of Nigeria, CBN’s Governor, Godwin Emefiele, Wednesday declared that the bank would release re-designed naira notes by December 15, 2022. Emefiele said this during a special press.
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele said the bank will release $120 million to settle outstanding trapped funds of International Airlines operating in the country..
The Central Bank of Nigeria (CBN) has announced the completion of the sale of Polaris Bank to Strategic Capital Investment Limited (SCIL). CBN’s Director of Corporate Communications, Osita Nwanisobi disclosed.
The Nigerian federal government has called on the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) to promote economic resilience despite economic challenges. The Minister of.
The Monetary Policy Committee of the Central Bank of Nigeria, CBN, has unanimously voted to increase the benchmark interest rate (monetary policy rate) to 14% from 13%, being the second.
The Central Bank of Nigeria says the migration of the Federal Government Ministries, Departments and Agencies to the Treasury Single Account has led to positive growth in the value and.
The Central Bank of Nigeria (CBN) has given the Abuja Municipal Area Council (AMAC) a licence to operate a microfinance bank. The bank, which was commissioned last week by FCT.
The Central Bank of Nigeria (CBN) said it will issue fresh treasury bills (TBs) worth N1.02 trillion in the fourth quarter (Q4’18) to replace maturing TBs of the same amount.
