President Muhammadu Buhari on Thursday directed the Minister of Finance, Mrs. Kemi Adeosun and the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, to...
The loan crisis that is threatening to swallow Etisalat Nigeria took a new twist as the 13 Nigerian banks it owed $1.2 billion rejected the telecom...
Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) staved off the planned takeover by a consortium of banks the company is owing over...
Abu Dhabi telecoms group the owner of Etisalat may sell its stake in Etisalat Nigeria which has defaulted on a $1.2bn loan, but wants the company’s...
The Central Bank of Nigeria (CBN) on Tuesday sustained the supply of foreign exchange to the market by releasing 195 million dollars, bringing the total amount...
The Naira gained across all the foreign exchange segments on Monday following the additional sales of $170 million by the Central Bank of Nigeria (CBN) last...
as CBN continues to flood market There are indications that Money Deposit Banks are desperately looking out for legal means to expend excess dollars in their...
Current reports across markets indicate that Central Bank of Nigeria’s long-haul strategy may have a sustained positive results in the area the apex bank had been...
Former Governor of Edo State, Comrade Adams Oshiomhole has accused the former governor of the Central Bank of Nigeria, Prof. Chukwuma Charles Soludo of colluding with...
In a bid to deepen the foreign exchange market, the Central Bank of Nigeria (CBN) has confirmed another 3,114 Bureaux de Change (BDCs) to buy dollars...