Central Bank of Nigeria (CBN) has directed the consortium of 13 banks involved in Etisalat Nigeria’s $1.2 billion loan to suspend further action on the indebtedness,...
By Odunewu Segun The debt crisis threatening to consume Nigeria’s fourth largest telecommunication firm, Etisalat, took a new twist during the week when the 13 lenders...
By ANDREW OJIEZEL Worried by the lackadaisical approach of farmers and Small Medium Enterprises (SMEs) to intervention funds, the Central Bank of Nigeria (CBN)...
By Chioma Obinagwam The Central Bank of Nigeria (CBN) has reiterated that Bank Verification Number (BVN) registration is free for all bank customers, including microfinance banks....
In its latest move to further rein in inflation, the Central Bank of Nigeria (CBN) has unveiled plans to mop up a total of N200.322 billion...
The Central Bank of Nigeria said its new currency window for investors had handled $2.2 billion of trade in six weeks, with the apex bank accounting...
Desperate for investors to raise capital By Odunewu Segun Tier 2 lenders in the country are in their worst season, facing crippling currency shortages as well...
By Chioma Obinagwam The Chief Executive Officer (CEO) of Oando, Wale Tinubu has said that he sees a possible convergence of the Foreign Exchange (Forex) rates...
Prof Chukwuma Soludo, former Governor of the Central Bank of Nigeria (CBN), has blamed former president Goodluck Jonathan over economic recession in Nigeria. Soludo emphasized that...
By Odunewu Segun With the number of Bureaux de Change (BDCs) officially recognised by the Central Bank of Nigeria growing to 3,239 in the last one...
