The Central Bank of Nigeria, CBN, has put in place a full float of the Naira, which will make the exchange rate to be determined by...
The FMDQ OTC Securities Exchange says it posted transactions valued at N7.43 trillion in fixed income and currency markets (FIC) in May. The transactions are contained...
I welcome you to this engagement, which is a critical part of the President Buhari led administration’s plans to reset and reflate the economy. Nigeria’s economy...
Federal and state government have agreed that states should no longer seek loans from banks but focus on internally generated revenue to boost their finances. This is...
The Central Bank of Nigeria will today announce details of the much anticipated ‘flexible’ foreign exchange rate policy. Acting Director, Corporate Communications Department, CBN, Mr. Issac...
The Federal Government recorded a deficit of N725.18 billion in its fiscal operations in the first quarter of 2016, according to data released, yesterday, by the...
Indications emerged weekend that banks have started to close the accounts of suspected Bureaux de Change and some politically exposed persons to avoid Economic and Financial...
Bank workers can now heave a sigh of relief, as Deposit Money Banks, under the aegis of Bankers Committee have agreed to halt further mass sack...
International carriers may follow the example of United Airlines and Iberia and halt operations in Nigeria or cut flights as they struggle to move revenue out of...
Acting Managing Director, Bank of Industry (BOI), Mr Waheed Olagunju, said that the bank targeted to disburse N212 billion this year which would lead in creating...
Central Bank of Nigeria Communique No 107 of the Monetary Policy Committee Meeting of Monday and Tuesday 23rd and 24th May 2016 The Monetary Policy Committee...
Retains MPR at 12%; CRR 22.5 %, Liquidity at 30% The Central Bank of Nigeria, CBN, yesterday, announced “a flexible exchange rate regime” in order to...
Britain’s Serious Fraud Office (SFO) has widened its investigation into Rolls-Royce to examine allegations of suspected bribery in Nigeria, the Financial Times reported yesterday. Rolls-Royce, the...
There is no truth whatsoever in speculations that the naira has been devalued or that a devaluation is imminent, the Central Bank of Nigeria (CBN) has...
Shareholders of companies traded at the Nigerian Stock Exchange lost as much as N1.2 trillion in the first four months of the year (January – April...