…as naira appreciates N260/$1 Banks are increasingly finding it difficult to source for forex to service their obligations thereby increasing the cost of borrowing that now...
The federal government has been asked to develop policies that will ease access to foreign exchange for critical goods, as well as the need to drive...
Nigeria’s foreign reserves which stood at $34.493 billion in January 5, this year fell to $29.342 billion on last week, representing a drop of 15 per...
Nigerians abroad, mostly students, on Saturday took to the streets to protest against Deposit Money Banks’ proposed ban on naira-denominated Automated Teller Machine cards for dollar-denominated...
Mr Eke Ubiji, the Executive Secretary, Nigerian Association of Small and Medium Enterprises (NASME), has lauded the proposal of CBN to take education certificates of promoters...
The Sterling Bank Plc on Friday said it had received certificate in recognition of its attainment of Best Service Management Standards and Global Best Practices. This...
Pressure is already mounting on President Muhammadu Buhari’s administration to sack the Central Bank Governor, Mr. Godwin Emefiele in the new year. His sin: inability to...
By Odunewu Segun The Manufacturer Association of Nigeria has charged the Central Bank of Nigeria to lift the restriction placed on dollar inflow so as not...
By Odunewu Segun In the revised guidelines released by the Central Bank of Nigeria, banks can now accept educational qualification certificates as collateral to assess the...
By Odunewu Segun Governor of the Central Bank of Nigeria, Godwin Emefiele has said that the 22 per cent depreciation of the naira was reasonable when...