As the 2019 general elections draw near, some commercial banks plan to cut lending to avert risks, Ike Chioke, Managing Director, Afrinvest West Africa Limited, has...
The quantity of dirty and unfit naira notes in circulation and scarcity of small denominations of N10, N20, N50 and N100 notes is becoming a major...
The face-off between the Senate and President Muhammadu Buhari over the appointment of the acting chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim...
President Muhammadu Buhari has tapped Mr. Edward Lametek Adamu, a Christian from Gombe State, as the new deputy governor of the Central Bank of Nigeria (CBN)...
The Central Bank of Nigeria (CBN) has injected $262.5 million in its first retail Secondary Market Intervention Sales (SMIS) for the year under the inter-bank Foreign...
The Central Bank of Nigeria (CBN) has predicted that the country’s foreign external reserves, would hit $40bn by 2018. The nation’s FX reserve had faced challenges,...
Contrary to speculation in some quarters, the expiration, yesterday, of the deadline set by the Federal High Court, Abuja, for Deposit Money Banks (DMBs) in the...
Nigerian banks are pulling back from internationally syndicated dollar loans as falling oil prices and new regulation introduced by the Central Bank of Nigeria (CBN) late...
The Central Bank of Nigeria (CBN) has disbursed a total sum of N18.26 Billion to the first batch of beneficiaries of the N 213 Billion Nigeria...
The federal government on Wednesday came down hard on a former Governor of the Central Bank of Nigeria (CBN), Prof. Chukwuma Soludo, accusing him of “deliberately...