MultiChoice Group Limited has written off $21m deposited in Nigeria’s Heritage Bank following the financial institution’s ...
The Central Bank of Nigeria (CBN) says some provisions in the proposed investment and securities bill (ISB) 2024 of the ...
The Central Bank of Nigeria (CBN) says some provisions in the proposed investment and securities bill (ISB) 2024 of the ...
The Central Bank of Nigeria has revealed that Nigeria's external reserves have risen to their highest level since June 2022, ...
Nigeria’s import levels surged 80.65 percent in six years, rising from $31 billion in 2017 to $56 billion in 2023, according ...
Nigeria’s fiscal deficit continues to swell, with recent figures showing a budget deficit of 7.6% of GDP as of August ...
“In 2023, the Central Bank of Nigeria (CBN) also removed restrictions on the use of FX for the import of 43 groups of ...
“Following the revocation of Heritage Bank’s banking licence by the Central Bank of Nigeria on 3 June 2024 and its subsequent liquidation, the group wrote-off its receivable relating to the cash held ...
By Korede SOTUBO The emergence of Central Bank Digital Currencies (CBDCs) introduces transformative potential for international business, particularly by enhancing cross-border transaction efficiency, ...
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NDIC begins sale of Heritage Bank assets
The Nigeria Deposit Insurance Corporation, NDIC, has commenced a national auction of landed properties and physical assets ...