The Central Bank of Nigeria has announced plans to clear all existing backlog of Foreign Exchange (forex) demand in the country prior to take off of...
The Central Bank of Nigeria (CBN) will today meet banks’ treasurers to clarify issues relating to the operations of the flexible exchange rate regime. A CBN...
At a time when Nigeria is still undecided on how to handle the Verified Gross Mass, VGM regulations of the International Maritime Organisation, IMO, the Port...
The Central Bank of Nigeria (CBN) has unveiled a N500 billion low interest rate credit fund designed to boost non-oil exports. Announcing the introduction of the...
The President of Manufacturers Association of Nigeria (MAN), Dr Frank Jacobs says the Federal Government suspension of Negotiable Duty Credit Certificates (NDCC) has affected the volume...
Central Bank of Nigeria is “reasonably optimistic” the naira will settle at around N250 to the U.S. dollar after an initial period of weakness following a...
Major Blue Chip Companies on the Nigerian Stock Exchange (NSE) on Wednesday posted huge gains reversing the negative trend with the equity market appreciating by N295...
Issued 15th June 2016 Introduction In line with the objectives of enhancing efficiency and facilitating a liquid and transparent, Foreign Exchange (FX) market, the Central Bank...
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...