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Once again the trend if his is changing. General Babangida’s resolve to turn the fate of the Nigerian economy to private hands has manifested in a...
Small and medium scale business entrepreneurs in Nigeria may staunchly resists the move by banks to own shares in them, investigation conducted by The Republic has...
President Ibrahim Babangida has called for an urgent change of heart among the Nigerian businessmen, whom he accused of “unwholesome business malpractices.” Particularly, the president is...
The Central Bank of Nigeria, CBN, much talk about autonomy which was announced on December 30 last year, by the president is yet to be implemented....
An uneasy calm now pervades the Central Bank of Nigeria, CBN, working environment as staffers are poised for a show down with management over delay in...
Twenty-eight out of the thirty-three commercial banks operating in the country as at July 1987 reported to the Central Bank on their rural banking operation. Five...
The Central Bank of Nigeria, CBN, has directed all authorised dealers to send details of their foreign exchange transactions to the CBN before September 11. The...
Stock brokers are having a tough time as business in stock have slumped since the deregulation of interest rates. Brokers now complain of the confusion and...
About N2.6673 billion was paid by importers into the commercial banks that are still awaiting foreign exchange cover from the Central Bank. A large portion of...
Banks operating in the country are working frantically to met the January 18 deadline given to them by the monetary authorities to submit records f the...
Commercial banks may soon have their banking hours extended from 1.30 p.m. to 3 p.m. to enable them cope with the increasing customers that now patronise...
As the federal government extends the tenure of office of the Central Bank Governor, Alhaji Abdulkadir Ahmed to March 1988, a stalemate has arisen on his...
Some goods earlier declared as contraband by the federal government can now come into the country. The goods which include malt and barley, aluminum sulfate, fruit...
There are lots of fraudulent practices in the insurance brokerage business The Republic investigation has revealed. According to our investigation, a good number of insurance brokerage...
Federal government will next month remove 36 per cent oil subsidy, bringing the price per litre of petrol of 51.87 kobo as against its present pump...