The Nigerian Inter-Bank Settlement System, on Thursday said the banking industry lost the sum of N12.30 billion to various frauds between 2014 and 2017. Managing Director,...
The Central Bank of Nigeria has warned commercial banks in the country to open teller points for retail Foreign Exchange (FX) transactions at various locations or...
Between February 21 and June 21, 2017, the Central Bank of Nigeria has pumped a total of $7.136bn into the interbank and Bureau De Change segment...
The Nigerian Central Bank introduced a new spread limit on interbank transactions on Monday, it said in a statement, in an attempt to boost liquidity in...
CBN forex intervention to hit $4.6bn By Odunewu Segun There is uncertainty over direction of cost of funds in the interbank money market this week as...
