Central Bank

Kenya central bank approves merger of lenders NIC, CBA Group

Kenya’s central bank said on Friday that it had approved the merger of Commercial Bank of Africa and NIC Group,…

By Businessam Staff
- Advertisement -
Ad image

Iran’s central bank to launch integrated forex market in two weeks

The Central Bank of Iran (CBI) has concluded plans to begin an integrated forex market two weeks from today. In…

Again, Nigeria’s central bank keeps forex market liquid with $396.18m intervention

Nigeria's central bank moved, for the second time in a week on Friday, to keep the country's foreign exchange market…

Central bank urged to cut MPR, eradicate multiple exchange rates

Aminu Gwadabe, the President of Association of Bureau d’Change Operators of Nigeria (ABCON), has advised the CBN to reduce its…

Hackers steal $6m from Russian bank via SWIFT system- central bank

Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT…

Nigeria’s apex bank cancels interest rate meeting, says rate to be held at 14%

Nigeria’s central bank said a key interest rate setting meeting intended for January 22-23 will not be held due to…

Nigeria central bank injects $210m into forex market

Nigeria’s central bank said Tuesday it had injected $210 million into the interbank foreign exchange market, extending efforts to boost…

- Advertisement -
Ad image