The Central Bank of Nigeria (CBN), on Tuesday, barred 14 Money Deposit Banks from dealing in the Small and Medium Entreprises (SME) wholesale Forex window. The...
By Odunewu Segun The Central Bank of Nigeria has disclosed its target of making exchange rates for the naira converge on the official and black markets,...
By Odunewu Segun Financial experts have predicted further rise in the value of the naira against the dollar this week as the inter-bank forex market resumes...
The Association of Nigerian Electricity Distributors (ANED) has lamented that N152.16billion Central Bank of Nigeria (CBN) fund reflecting on Distribution Companies (DisCos) accounts has blocked...
A financial expert, Uche Uwaleke, says the new foreign exchange window created for investors will encourage return of portfolio investors to the capital market. Uwaleke, the...
Nigeria’s inability to diversify its economy and its reliance on petroleum as a major driver of the economy is said to be responsible for Nigeria’s present...
Chairman and founder of Stanbic IBTC Bank, Mr. Atedo Peterside has accused the federal government of deliberating stifling businesses in Nigeria through its unfavorable economic policies...
Bankers have warned e-fraudsters to behave or be taken off the banking system. Speaking for the Bankers’ Committee, Access Bank Managing Director Herbert Wigwe said banks...
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has assured Nigerians that the country would get out of economic recession latest by the end...
By Odunewu Segun Financial analysts have said the new FX window introduced by the Central Bank of Nigeria would masked pressures on the naira as the...