By Odunewu Segun The delay in announcing further details of the flexible exchange rates promised by the Central Bank of Nigeria is scaring international investors and...
By Odunewu Segun The naira fell to 361 against the United States dollar at the parallel market on Tuesday, as traders and investors continued to await...
By Odunewu Segun Just as returns on foreign exchange utilization have shown that the Central Bank of Nigeria, CBN, sold a total of $2,177,999,996 to commercial...
Over N26.998 billion has been refunded to bank customers whose accounts were illegally charged by their respective financial institutions as at April 2016 and over 6,00o...
By Odunewu Segun Following the delay in announcing details of the new flexible exchange rates promised by the Central Bank of Nigeria, Nigeria’s banking index has...
By Odunewu Segun While still waiting for the details of the flexible exchange rate policy announced by the Central bank of Nigeria at its last Monetary...
Faced with an economy nearing recession and inflation at the highest in almost six years, Nigerian President Muhammadu Buhari has backed down on his refusal...
…say it’s unlikely CBN lose its control over flow of hard currencies BY ODUNEWU SEGUN AS investors and businesses eagerly await the details of the new...
By Odunewu Segun In the Central Bank of Nigeria weekly forex allocation to banks last week, Stanbic IBTC and the United Bank for Africa led 14...
By Odunewu Segun The financial market liquidity in the country has declined by over N42 billion in just about a week. It declined to N156.6 billion...