24 hours after the Central Bank of Nigeria, CBN, resumed dollar sales to Bureau de Change, BDC operators, the naira lost N6. It slumped from N435...
The Central Bank of Nigeria (CBN) has revealed that the Federal Government’s outstanding debt as of March 31 stood at the N24.52tn. The apex bank, in...
The Central Bank of Nigeria, CBN, has berated the Nigerian Economic Summit Group, NESG, after it criticized measures taken by the apex bank to support the...
The Central Bank of Nigeria (CBN) has instructed banks to place a post-no-debit (PND) on the bank accounts of 38 companies including Premier Lotto, owned by...
Access Bank Plc has announced the appointment of Mr. Hassan M.T Usman, as an Independent Non-Executive Director of the bank, following the approval of the Central...
The Central Bank of Nigeria (CBN) has pegged the maximum loan an obligor can access under its N250bn intervention fund for the gas sector at N10bn.
Former governor of the Central Bank of Nigeria (CBN), Muhammed Sanusi, has stated that the devaluation of the naira will continue unless Nigeria’s appetite for imported...
The Central Bank of Nigeria, CBN, has fixed N5 billion as the minimum capital base for Mobile Money Operators (MMO) in Nigeria, even as the apex...
Banks have recorded an increase in their lending to private sector as it rose by 2.57 per cent to N30.19trn by the end of July this...
No fewer than four listed commercial banks have announced delay filing of audited results and account for half year (H1) ended June 30, 2020. The four...