A former Anambra State governor and presidential aspirant on the platform of People’s Democratic Party (PDP) has vowed to jail any serving government official spending dollar...
The Central of Nigeria (CBN) has released the guidelines for the operation of Payment Service Banks (PSBs) in Nigeria. In a document released by the apex...
The Central Bank of Nigeria (CBN) has issued a new policy on foreign currency to the deposit money banks in the country. The Standard Chartered Bank,...
Naira devaluation against other currencies around the world could weigh on loans sourced in foreign currencies and, in so doing, weaken the capital base of banks,...
Banks will from Monday cap customers’ overseas debit card spending in an effort to avert foreign currency settlement trouble, according to lenders, as Nigeria battles acute...
Statistical data from the Central Bank of Nigeria (CBN) Tuesday show that the Naira gained for the second day of trading without a peg after the CBN...
