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- The CBN bans banks and fintechs from international money transfer services.
- Customs increase exchange rate for cargo clearance by 42.7%.
- Naira dips marginally to N1,461.90/$1 on Thursday despite CBN’s removal of the International Money Transfer Operators (IMTOs) FX cap.
- Nigerian Exchange (NGX) ends January with a striking 35.3% surge in the All-Share Index.
- In January 2024, Naira depreciated by 37.6% at the official market.
- Transcorp posted 102% profit growth in 2023, with total assets reaching N523 billion.
