In an apparent move to comply with the court order obtained by the government, commercial banks in the country have handed over details of customers without Bank Verification...
The Central Bank of Nigeria (CBN) has reviewed the settlement banking arrangements for banks and merchant banks. The CBN’s Monetary, Credit, Foreign Trade and Exchange Guideline...
The Central Bank of Nigeria (CBN) may change its monetary policy stance next year from the current tightening position to an easing stand that will see...
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have signed a memorandum of understanding with respect to mobile money. Executive Vice Chairman of the...
The International Monetary Fund (IMF) has warned the federal government any attempt to refinance local debts with low interest foreign facility will expose the economy...
External reserves hit $33.6bn By Odunewu Segun Nigeria’s Naira remained stagnant in the foreign exchange market over the weekend despite the $480.7 million intervention by...
Central Bank of Nigeria’s (CBN) Governor, Godwin Emefiele speculative statement at the weekend that he expected inflation rate to fall at a faster pace and hit...
By Odunewu Segun With barely few days to the expiration of the 14 days ultimatum given to banks by a Federal High Court that accounts without...
By Odunewu Segun The Central Bank of Nigeria (CBN) on Friday injected $285.7 million into the Inter-bank foreign exchange market in order to ease the pressure...
Newly wed couples, especially those that got married in traditional way without official marriage certificate are those that are mostly affected Major victims of the...