By Odunewu Segun Concerned about the rising NPL in the banking industry, the Nigeria Deposit Insurance Corporation (NDIC) had disclosed that the commission in collaboration with...
The Central Bank of Nigeria, CBN, has said it would sanction Money Deposit Banks, MDBs, still collecting payments under the Nigerian Content Development Fund without...
The House of Representatives on Monday summoned Central Bank of Nigeria Governor, Mr. Godwin Emefiele, over alleged sale of foreign exchange to International Oil Companies. Emefiele’s...
The Manufacturing Purchasing Managers’ Index (PMI) stood at 48.2 index points in January 2017, indicating a decline in the manufacturing sector during the review period....
By Odunewu Segun The decision of the federal government to increase revenue through the collection of N50 stamp duty on bank deposit with value of N1,...
By Odunewu Segun The Central Bank of Nigeria (CBN) and the Office of the Accountant General of the Federation (OAGF) have refused to take responsibility for...
The naira appreciated in the forwards segment of the foreign exchange market indicating rising confidence buoyed by recent increases in the nation’s foreign reserves. Data from...
A financial expert has urged the Central Bank of Nigeria to reduce the Monetary Policy Rate currently at 14 per cent in order to boost the...
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has given reasons why the bank cannot cut the interest rate which is currently at 14...
The Central Bank of Nigeria (CBN) has called on all commercial banks in the country to submit the backlog of dollar demands from fuel importers, airlines,...
