By Chioma Obinagwam The Central Bank of Nigeria (CBN) on Monday, October 23, 2017, injected the sum of $195million into the inter-bank Foreign Exchange Market. Figures...
Naira’s depreciation over the last few years, depreciating more than 150 per cent between 2014 and 2017 is said to be responsible for the liquidity...
About 45 million customers’ accounts with various banks and OFIs risk being closed down following their non-compliance with the Bank Verification Number (BVN) exercise. This is...
By Odunewu Segun Nigerians have been advised to invest more in the governance of the country by asking questions, and making sure they participate fully in...
Players in the retail segment of the Nigerian interbank foreign exchange (forex) market received a $306.3 million boost from the Central Bank of Nigeria (CBN)...
By Odunewu Segun Nigeria’s overnight lending rate has dropped to 20 percent amidst expectation that a cash squeeze will ease after money market rates more than...
The naira remained stable against the US Dollar on Monday 9 at the parallel market segment of the forex market as well as the Investors and...
By Chioma Obinagwam Concerned about rising unemployment rate, the Central Bank of Nigeria (CBN) reached a decision at the Bankers’ Committee meeting held in Lagos, recently...
By Odunewu Segun An economist and management consultant, Osilama Okuofu has debunked the claim going round that the newly appointed deputy governor of the Central...
By Odunewu Segun In an anonymous post that went viral on social media, it was alleged that the newly appointed CBN deputy governor, Aishah Ahmad...
