Depositors whose money have been trapped in the 42 microfinance banks whose licences were recently revoked by the Central Bank of Nigeria have raised alarm...
A former deputy governor of the Central Bank of Nigeria, Kingsley Moghalu has said once the Naira is floated as against the current manipulation by the...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria at its meeting on Monday retained the Monetary Policy Rate (MPR) at 12.5%. This was...
In a bid to establish effective legal instruments to secure the safety and stability of the nation’s financial system, there is a need to closely examine...
The Central Bank of Nigeria (CBN) has moved a step ahead of bank loan defaulters with a new guideline that allows seizing of their funds in...
The Central Bank of Nigeria (CBN) has been struggling to stabilize Nigeria’s currency exchange rate because of historical low crude prices and the shutdown of economic...
The Central Bank of Nigeria (CBN) and the Bankers’ Committee have ordered all banks in the country not to retrench or lay-off any staff of any...
The Association of Bureau De Change Operators of Nigeria (ABCON) on Thursday said it had sensitised its members and put in place key measures and actions...
Nigeria’s currency has continued to depreciate at the forward market, amidst growing concerns that the Central Bank of Nigeria (CBN) might have to devalue the naira...
Naira depreciated against the US dollar on Monday morning to stand at $1/N385 compared to $1/N367 recorded on Friday evening. The currency against the Pounds Sterling...
