Sources involved in forex reforms at the Central Bank of Nigeria have indicated that the Monetary Policy Committee (MPC) is […]
Category: Banking & Finance
Equity market sheds N1bn
Trading activities on the floor of Nigerian Exchange on Wednesday depreciated by N1 billion as bears dominated in the market. […]
Forex crisis: CBN does not produce foreign exchange –Cardoso
The Governor of the Central Bank of Nigeria (CBN) has said that Nigerians should not blame the apex bank for […]
Again domestic equities sheds N850bn
The local equity market Tuesday sustained declining profile, shedding N850 billion as declined in the shares of BuaCement, FBNHoldings, Nigerian […]
We’ve settled $2.3bn legitimate forex requests – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso says the apex bank has already settled legitimate forex […]
Equity market sheds N437bn in first trading day
The Nigeria stock market on Monday closed in a negative trend, shedding N437 billion as price depreciation recorded in the […]
FirstBank wins Corporate Bank award at Euromoney Awards for excellence
FirstBank, Nigeria’s premier financial institution was crowned as the Best Corporate Bank at the recent prestigious Euromoney Awards for Excellence, […]
CBN: We have no plans to convert domiciliary accounts into Naira
The Central Bank of Nigeria (CBN), has said that it is not planning to convert domiciliary accounts into Nigeria. […]
CBN releases modified guidelines for CRR implementation
The Central Bank of Nigeria (CBN) has introduced a modified mechanism for the implementation of the cash reserve requirement (CRR) […]
Naira plunges further as ABCON shutdown operations in Abuja
There are reports that currency traders otherwise known as Bureau De Change (BDC) operators have announced the shutdown of operations […]