Over the past seven months, the Central Bank of Nigeria had intervened in the FX market to the tune of $8,908,860,000 to help stabilize the...
An economic expert, Prof. Uche Uwaleke, has called on the Central Bank of Nigeria (CBN) to remove old and dirty notes from circulation. Uwaleke, an Associate...
By Odunewu Segun Despite the mass sack occasioned by economic downturn which has ravaged businesses in Nigeria, banks made more profit versus pre-recession in the first...
Nigerian naira is seen range bound against the U.S. currency next week as weak demand coupled with increased dollar supply from the central bank and other...
By Chioma Obinagwam No fewer than 22,000 farmers in Kebbi State are to benefit from the Central Bank of Nigeria’s(CBN) Anchor Borrowers Programme aimed at increasing...
The Central Bank of Nigeria (CBN) has introduced two new financial instruments to aid liquidity management and deepen the financial system. It stated this in a...
The Nigerian naira is seen weakening on the black market in the coming days as demand for the dollar increases, but is expected to trade...
By Chioma Obinagwam The Central Bank of Nigeria (CBN) has described e-fraud as the biggest challenge facing the electronic payment sector and needs to be collectively...
Analysts at FSDH Merchant Bank have said that the frequent injections of dollars into the foreign exchange market has improved businesses and consumers’ confidence in the...
The Federal Government at the Federal High Court sitting in Lagos filed an application seeking to withdraw its suit against seven banks accused of violating the...
