The CBN on Friday released the names of 20 Bureau De Change (BDC) operators whose licences were revoked for alleged foreign exchange malpractices. The names of the BDCs...
The Central Bank of Nigeria (CBN) says it will start applying charges on withdrawals and deposits above N500,000 for individuals and N2 million for corporate bodies from Oct....
The Central Bank of Nigeria (CBN) says it has disbursed over N109 billion to 20 companies in support of the ongoing power reform in the country....
The Central Bank of Nigeria (CBN) says it has suspended its Wholesale Dutch Auctions (WDAS) to check money laundering in the foreign exchange market. A circular...
The Central Bank of Nigeria (CBN) has confirmed Malam Rislanudeen Muhammad as the Acting Managing Director of Unity Bank Plc. This followed the retirement of Mr...
The Central Bank of Nigeria (CBN) said it has revoked the licence of 20 Bureau De Change (BDC) companies for foreign exchange malpractice. Malam Sanusi Lamido...
The World Bank Board said it has approved a $300 million credit to boost Nigeria’s efforts to provide affordable mortgages for middle-income and lower income families....
Any operators of failed Microfinance Banks involved in feraudulent practices will be handed over to the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices and...
The Central Bank of Nigeria (CBN) on Tuesday retained the monetary policy rate at 12 per cent, the CBN Governor, Malam Sanusi Lamido Sanusi, said. Sanusi...
Investors on the Nigerian Stock Exchange (NSE) on Tuesday exchanged 251.31 million shares worth N2.9 billion in 4,719 deals. This was in contrast to the 261.32...
The $3.3 billion syndicated loan secured by Dangote Industries last week to build a 400,000-barrel per day oil refinery and petrochemical plant is said to have...
The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday declined by N34 billion as a result of price losses by some blue chips. The...
The Asset Management Company of Nigeria (AMCON) said it was seeking prospective investors to buy 100 percent of its shareholding in Enterprise Bank, the first of...
United Bank for Africa Plc (UBA)has announced a major restructuring that will enable it actualize its corporate vision of a true Pan-African bank. The bank said...
Transactions on the Nigerian Stock Exchange (NSE) opened on a bullish note on Monday as some major blue chips recorded price gains. Due to the price...