The Central Bank of Nigeria (CBN) on Friday intervened in the inter-bank Foreign Exchange Market with 262.5 million dollars. Data obtained from the CBN in Abuja...
The late passage of 2017 budget, among many others was among the blunders that marred the administration of President Muhammadu Buhari in 2017. The effects are...
In a recent notice, the Central Bank of Nigeria (CBN) has instructed microfinance banks and other financial institutions to place a no debit order on bank...
The Central Bank of Nigeria reported during the week that Nigeria’s foreign exchange reserves hit $40 billion for the first time since January 2014, when it...
The Central Bank of Nigeria (CBN) has blamed commercial banks in the country for the circulation of dirty Naira notes in the country, saying commercial...
The Central Bank of Nigeria (CBN) has threatened to impose N10, 000 daily fine on banks and other electronic payment service providers that fail to renew...
As part of its focus on taking business-driven agriculture to the grassroots, the Nigeria Incentive-Based Risk Sharing System for Agriculture is deploying an innovative nation-wide...
The faceoff between the Senate and the Presidency may have dire effects on the economy in 2018, as nominees to the Monetary Policy Committee (MPC) are...
By Chioma Obinagwam Heritage Bank Plc. has been bestowed the inaugural Nigeria Sustainable Banking Award convened by the Central Bank of Nigeria (CBN) “For Sustainable Transaction...
The much enjoyed foreign exchange stability, may remain for the foreseeable future as Nigeria’s foreign reserves have hit a year high of $36.8 billion according to...
