The Central Bank of Nigeria (CBN) has announced the suspension of requests for the extension of export proceeds repatriation on behalf of exporters, in a move aimed at ensuring stricter compliance ...

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SuperBook has a storied history in the gambling realm — it was established in 1986 in Las Vegas, Nevada, and was one of the first operators to offer a mobile betting app in the state.

The Naira depreciated by 41% and 26% against the dollar in the official and parallel foreign exchange markets, respectively, to end 2024, despite interventions from the Central Bank of Nigeria.

In apparent reflection of liquidity constraints in the interbank money market, banks’ borrowing from the Central Bank of Nigeria, CBN, rose by 261.3 percent year-on-year (YoY ...

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At the Annual Bankers’ Dinner in November 2023 where the CBN Governor, Olayemi Cardoso, officially announced the compulsory recapitalisation of the banks, he said it is aimed to enhance banks’ ...