Finance & Economy

ACAMB insists banks not hoarding new banknotes

Orimix Times February 5, 2023

By Habibat Aliu As public rage turns against deposit money banks (DMBs) with images...

Income in I&E forex falls 32%, as Naira depreciates

Orimix Times February 3, 2023

By David Akinmola The volume of dollars traded (turnover) in the Investors and Exporters...

CBN orders banks to pay new naira notes to customers at counter

Orimix Times February 3, 2023

… Peg’s payment limit to N20,000 per day …Promise to reduce queues at ATMs...

FG may spend N4.65 trillion to service CBN overdraft this year

Orimix Times January 31, 2023

By Emmanuel Akinmola Unless the Monetary Policy Committee (MPC) makes a U-turn on its...

CBN extends old naira deadline till February 10

Orimix Times January 30, 2023

The Central Bank of Nigeria has extended the deadline for the swapping of old...

Nigeria’s headline inflation slows to 21.34% amid festive spending

Orimix Times January 17, 2023

Notwithstanding the Christmas seasonal impacts on prices, Nigeria’s headline inflation slowed mildly to 21.34...

CBN orders banks to pay any denomination through ATMs machine

Orimix Times January 10, 2023

…Depositors still paid in old banknotes ….Cash withdrawal limit takes off By David Akinmola...

CBN’s short-term loans to banks drop to N11 trillion in 2022

Orimix Times January 3, 2023

By Abibat Aliu Financial data obtained by this medium suggest that deposit money banks (DMBs)...

Financial stakeholders warn CBN against excessive regulation

Orimix Times December 27, 2022

By Habibat Aliu Against the backdrop of the recent restrictive measures of the Central...

Equities extend gains to four weeks ahead of year-end rally

Orimix Times December 12, 2022

….Investors’ fortune rises by N333b as analysts predict the brighter outlook With the yuletide...