…implication for Nigerian banks By ODUNEWU SEGUN WITH the decision of the Central Bank of Nigeria to abandon the currency peg and chose officially float the...
By CHIOMA OBINAGWAM THE recent announcement of a new Foreign Exchange(Forex) policy by the Central Bank of Nigeria(CBN), Nigeria’s apex bank, has stirred up reactions among...
By Odunewu Segun Commercial banks in the country have asked prospective customers of forex to submit bids ahead of the start of new interbank foreign exchange...
In other to position banks for smooth take-off of the template adoption with a June, 2016 deadline prescribed by the Central Bank of Nigeria, Credit Registry...
Ahead of Monday’s launch of a foreign exchange interbank trading window in Nigeria, the local currency gained against the dollar as dealers anticipate supply glut in...
Setting the stage for a devaluation of the naira, the Central Bank of Nigeria has finally released some details concerning the flexible exchange rate regime its...
The Central Bank of Nigeria (CBN) is expected to announce details of the much anticipated ‘flexible’ foreign exchange rate policy today, 15th of June, 2016. National...
Financial experts in the country have predicted this week as likely for the announcement of details of the new flexible exchange rate regime promised by the...
By DANLADI BATURE THE Central Bank of Nigeria has described the capital ratings of two Development Finance Institutions in the country as weak following deterioration in...
By Chioma Obinagwam The Financial reporting Council of Nigeria (FRC), the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) have taken...
