The Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureaux De Change (BDCs) at […]
Category: Banking & Finance
Chartered Institute names MCO DG, Engr Simon Nkom ‘Best Public Servant in Nigeria’
The Chartered Institute of Management and Leadership (CIML), Commonwealth, Kentucky, USA, has bestowed its ‘Best Public Servant Leader […]
CBN sacks NIRSAL executive directors
The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk […]
BREAKING: NDPC fines Fidelity Bank N555.8m for data breach
The National Data Protection Commission has fined Fidelity Bank a total sum of N555.8m for infractions relating to breaches of […]
Stock market rebounds, gains N66bn
THE Nigerian equity market, on Tuesday, recovered from the previous session’s decline, recording a N66 billion gain. Investor interest in […]
UAE-based Company lodges ‘extortion claim’ against Ecobank
A United Arab Emirate based Company, Agrico Agbe has lodged extortion claims with the Central Bank of Nigeria against Ecobank […]
Just In: CBN sells $148m to 29 authorised dealers
The Central Bank of Nigeria has disbursed $148m to 29 authorised dealers as part of steps to stabilise the foreign […]
Sustained CBN’s monetary policy integral to strengthening Naira – Gwadabe
The President, Association of Bureau De Change of Nigeria (ABCON), Aminu Gwadabe, says recent monetary policy decisions of the Central […]
CBN gives banks 24 months to recapitalise
Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the […]
Nigerian records $1.5bn FX inflows on reforms – CBN
The Central Bank of Nigeria (CBN) says the inflow of over $1.5 billion into the economy over the past few […]