As of Tuesday, March 22nd, 2022 At the official Investors and Exporters (I&E) window, the naira and the US dollar exchange rate closed at N417/$1, the lowest level since January 4th, 2022. On T...
President Muhammadu Buhari has officially opened the state-of-the-art Dangote Fertiliser Urea Plant, which has a capacity of 3 million metric tons per year. He stated emphatically that the project w...
According to Deloitte, governments can use Bitcoin to develop cheaper CBDCs Deloitte Touche Tohmatsu Limited is a multinational professional services network with offices in over 150 countries and ...
To improve cash management efficiency, the CBN has introduced Bank Neutral Cash Hubs The Central Bank of Nigeria (CBN), in partnership with the Bankers' Committee, has established Bank Neutral cas...
Excess cash in banks is set to rise as a result of the N1 trillion inflow This month, liquidity inflows of N1.02 trillion will flood the interbank money market, adding to the amount of excess cash ...
MTN Group, the parent firm of MTN Nigeria, has announced the purchase of a digital land in Africarare, a South African-based Metaverse.MTN currently owns 144 plots of virtual land with a total space o...
IMF warns CBN that eNaira may lead to new money-laundering and terrorism financing risks The expansion of the eNaira's use to cross-border cash transfers and agency bank networks could result in...
CBN to stop the sale of foreign exchange to banks by end of 2022 The Central Bank of Nigeria (CBN) has announced that it will stop selling foreign currency to Deposit Money Banks (DMBs) by the e...
Why the Nigerian Government wants AbokiFX to shut down permanently? Godwin Emefiele, the Governor of the Central Bank of Nigeria, said the bank intends to prosecute the owner of the famous and ...
For every share of MTN Nigeria stock that you own, the company will pay you N4.55 per share. See MTN dividend information below. MTN Nigeria stock is trading under stock symbol MTNN and on...