Merchants and Commercial Banks’ average daily loan requests from the Central Bank of Nigeria’s Standing Lending Facility (SLF) stand at N216.34 billion for 246 days in...
The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin for operators of Bureau De Change (BDC) to N357/$1 (buying) and...
Over $9bn was sold as foreign exchange to stabilize the Naira in 2017 as against the $12bn sold in 2016, a recently released annual activity by...
The President has formally accepted the disengagement of Adebayo Adelabu, Deputy Governor, Central Bank of Nigeria (CBN) in charge of operations. In a letter dated 24th...
By Chioma Obinagwam The Central Bank of Nigeria (CBN), the country’s apex bank has authorized Deposit Money Banks(DMBs) participating or wishing to participate in the Over...
By Odunewu Segun GTBank pays the lowest interest rate of 7.13 per cent per annum to depositors on time deposit, a report by the Central...
By Chioma Obinagwam The Central Bank of Nigeria (CBN) has made it mandatory for all the Bureau de Change (BDCs) operators in Nigeria to access Foreign...
Nigerians may soon begin to pay higher tariffs on calls and data as the telecommunications companies in the country brace up for a new cyber security...
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has again retained interest rate at 14 percent, the country’s highest in 10 years. The...
The Nigeria-China currency swap deal will not stifle local companies and make the country a dumping ground for Chinese goods, the Central Bank of Nigeria...
