Investigation by National Daily has revealed that Nigeria occupies seventh position among African countries where the use of point of sale (PoS) form part of transactions....
The Central Bank of Nigeria (CBN) will inject additional 10,000 dollars proceeds of International Money Transfer Services Operators (IMTSO) to 3135 Bureau De Change Operators nationwide,...
Say accessing dollar from banks remains cumbersome By Odunewu Segun While commercial banks in the country complain of sharp drop in dollar demand by its customers,...
Non-Performing Loans hit N2.1 trn By Odunewu Segun Despite the Non-Performing Loans (NPLs) challenges, Nigerian banks have been adjudged stable in a six-month financial stability test,...
An economic expert, Prof Uche Uwaleke, on Wednesday urged the Central Bank of Nigeria (CBN) to sustain its intervention in the Forex market as it had...
The current Foreign Exchange (FOREX) regime adopted by the Central Bank of Nigeria (CBN) is beginning to generate concerns about the long term effects on Nigeria’s...
By Odunewu Segun Reacting to the Central Bank of Nigeria injection of about $240 million into the FX market on Monday, the Naira strengthened against the...
By Odunewu Segun The House of Representatives has expressed serious concern over the quality of loans acquired by the Asset Management Corporation of Nigeria (AMCON) from...
By Odunewu Segun The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has accused some commercial banks of refusing...
Commercial Banks in the country have stated the implementation of charges on withdrawals and deposit in line with the Central Bank of Nigeria’s cashless policy drive,...
