The Central Bank of Nigeria, CBN, has approved the release of the Nigerian Foreign Exchange, FX Code. According to the apex ...

Wema Bank Plc has announced plans to raise N200 billion in fresh capital through a rights issue and special placement from April 1.

The naira firmed up significantly against the dollar at parallel foreign exchange markets on Wednesday. A Bureau de Change ...

The CBN launches the Nigerian FX Code promoting ethical conduct among authorized dealers to enhance market integrity and ...

The Debt Management Office, on behalf of the Central Bank of Nigeria, offered N530bn in standard maturities to investors in the primary market. The breakdown included N50bn for 91-day bills, N80bn for ...

The Bank said the formal launch of the Code is scheduled to take place at its headquarters in Abuja on 28 January.

Of Kenya’s banks that do not meet the new minimum capital requirements, less than a handful can credibly plan to raise the ...

In November 2024, the SEC announced that banks raised N1.7 trillion from the capital market in their efforts to meet the ...

BY EMEKA ANYASI The rebasing of Nigeria’s Gross Domestic Product (GDP) stands as a pivotal statistical exercise, ...

The Central Bank of Nigeria (CBN) has launched a revised foreign Exchange FX code for authorised forex transactions to boost ...

The Central Bank of Nigeria (CBN) will officially launch the Nigerian Foreign Exchange (FX) Code on Tuesday, January 28, 2025 ...

Wema Bank has announced plans to raise an additional N200bn in its final tranche of the recapitalisation exercise.