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...
Ratings agency Fitch has lowered its growth forecast for 2017 from 1.5% to 1%, despite positive Q3 GDP numbers. The news comes on the heels of...
A former Deputy Governor of the Central Bank of Nigeria (CBN) Prof. Kingsley Moghalu, has disclosed that the level of political interference in the operations of...
The Naira on Tuesday, November, 28, maintained N362.5 to the dollar at the parallel market. The Pound Sterling and the Euro closed at N480 and N430....
The Central Bank of Nigeria has advised Banks in the country to collaborate with financial technology (FinTechs) companies and not attempt to stifle their operations out...
as rates convergence remain a mirage By Odunewu Segun The Central Bank of Nigeria (CBN) has spent a whopping $9bn in the last nine months to...
Inadequate investments in Point of Sales (PoS) terminals have been identified as one of the major reasons the Central Bank of Nigeria (CBN’s) Cashless Economy initiative...
The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have questioned Barclay Africa over the handling of sale process of 9mobile, National...
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate at 14 percent. The apex bank also...
The Central Bank of Nigeria (CBN) has sold $210 million at the Foreign Exchange Market (Forex) as the Monetary Policy Committee (MPC) began its last meeting...
