Bankers and finance experts have hailed the federal government’s decision to double the minimum take off capital requirements for banks which took effect from January 21...
Japan has now considered Nigeria qualified to benefit from its bilateral aid support it gives to developing countries, Mr. Paul Enrihri, managing director of Public Finance...
Nigeria’s total foreign exchange earnings from both official and non-official sources from the month of January to November 1987 amounted to ($5.8 billion). N23.8 billion against...
President Ibrahim Babangida will make known to Nigerians today the basics of the Federal Government’s much expected “humane” budget for the next 12 months. The third...
The United Bank of Nigeria, UBA, has advised the Federal Government to ensure the proper implementation of the 1988 budget in order to realise the set...
The Standard Organisation of Nigeria, SON, has not done enough to promote the culture of standards amongst producers in the country. This observation was made on...
Banks operating in country are not set to check the increasing wave of frauds in the banking industry. In pursuance of this objective, the bankers committee,...
The Central Bank of Nigeria is yet to receive official government directive formally disengaging it from the federal ministry of finance the supervisory ministry before the...
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...
Central Bank of Nigeria has sacked 120 staffers including a number of senior officials. Those affected by the purge, including assistant directors, senior managers, supervisors, clerks...