The naira last week appreciated in parallel exchange market as well as the Investors and Exporters (I&E) window, while the Central Bank of Nigeria (CBN) sustained...
Funds scarcity may continue this week following the Central Bank of Nigeria decision to mop up N422 billion and an expected marginal inflow of N14.1 billion...
The Central Bank of Nigeria (CBN) is threatening to sanction exporters who fail to repatriate foreign exchange (forex) proceeds from their businesses into the economy. CBN Director (Banking...
By Chioma Obinagwam The Central Bank of Nigeria (CBN) has said it will sanction exporters who fail to repatriate Forex generated in the newly introduced Export...
Despite the huge resources earned from petroleum, the country has nothing concrete to show. Nigeria is still besieged with inadequate infrastructure, epileptic power situation, low...
By Odunewu Segun For a while now, economists and finance types who follow the Central Bank of Nigeria (CBN) have been sounding a low intensity alarm...
President Muhammadu Buhari has forwarded the name of Mrs. Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria,...
Buhari appoints new Deputy Governor The days of Godwin Emefiele as governor of the Central Bank of Nigeria (CBN) are becoming numbered. Preparation to re-energize the...
Total interest expenses of 11 commercial banks increased by 62 per cent or N232 billion to N604.5 billion as at half year ended June 30,...
The Naira recorded some marginal growth against the United States of America Dollar on Tuesday at the parallel market, exchanging for N364 as against the N365...
