By Odunewu Segun With the raising of N256 billion in six-months treasury bills, N206 billion more than it had planned to issue, and at a higher...
…. Limits access to discount window By Odunewu Segun The Central Bank of Nigeria has granted a one-off forbearance to banks this year to write-off their...
…extends BVN for Diaspora customers By Odunewu Segun With Bureau de Change getting their forex officially from banks, the Central Bank of Nigeria directed them not...
By Chioma Obinagwam In view of the observed abuse of access to the Central Bank of Nigeria (CBN) Standing Lending Facility by authorised dealers, the CBN...
By ODUNEWU SEGUN WITH a total loan portfolio of about N13 trillion and a higher levels of Non-performing loans which rose sharply by 78 per cent...
By Odunewu Segun Nigerians at home and in the diaspora have been warned to beware of the unwholesome activities of some unlicensed International Money Transfer Operators...
Commercial banks in the country have been ordered to remove fixed interest rate on credit cards. The directive, which was issued via a circular, is part...
Nigeria’s external reserves is down to $26.20bn from $26.32 it recorded on July, data from the Central Bank of Nigeria’s website has shown. Month-on-month, the reserves...
In other to increase the volume of dollar circulation in the market and stabilize the naira, the Central Bank of Nigeria is set to compel banks...
Desperation is gradually leading the way to revolution in Nigeria’s money market—with ICT and social media now connecting borrowers to lenders away from the frustration in...
