Central Bank of Nigeria (CBN) said that Nigerians lost N11.9 billion to the Ponzi scheme, popularly called Mavrodi Mundial Movement (MMM) in 2016. This is despite...
The Central Bank of Nigeria said it has refunded over N15.5bn to bank customers from 10,000 complaints from members of the public against commercial banks...
As part of efforts towards ensuring financial stability, the Central Bank of Nigeria (CBN), in collaboration with the Bankers Committee, has put in place a Framework...
Bureau De Change operators have accused Travelex Nigeria of hurting efforts by the Central Bank of Nigeria (CBN) to strengthen the Naira against the dollar by...
Foreign investors are pushing for the adoption of the interbank rate as the only official exchange rate, National Daily has gathered. The new demand by investors...
By Odunewu Segun The Central Bank of Nigeria has said the Microfinance Banks subsector is highly dominated by a high spate of distress and failures with...
By Odunewu Segun AS Nigeria’s money market resumes trading, there are expectations that interbank rates will continue a downward trend as the Central Bank of Nigeria...
Some shareholder groups in the nation’s capital market has urged Etisalat Nigeria to settle the N1.2 billion debt it owed 13 commercial banks to avoid a...
Between February 21 and June 21, 2017, the Central Bank of Nigeria has pumped a total of $7.136bn into the interbank and Bureau De Change segment...
By Odunewu Segun The Central Bank of Nigeria has replied those calling for further devaluation of the Naira, saying any devaluation would escalate inflation and worsen...
