By Tony Obiechina, Abuja Central Bank of Nigeria (CBN) says its official market recorded a turnover of $43bn in customer transactions by the end of July...
The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank...
By Eze Okechukwu, Abuja The Senate is blowing hot over alleged economic sabotage by stakeholders within the petroleum sector, thus summoning the Minister of Petroleum, Central...
By David Torough, Abuja Benue State Governor Hyacinth Alia has solicited the support of the Central Bank of Nigeria (CBN) in streamlining the state’s economy to...
The Monetary Policy Committee (MPC), on Tuesday announced another increase in the country’s Monetary Policy Rate (MPR), known as the baseline interest rate, to 26.75 per...
The Central Bank of Nigeria (CBN) has implemented stricter regulations for managing dormant accounts and unclaimed financial assets in banks and other financial institutions. These new...
By Tony Obiechina, Abuja Following the on-going reforms in the foreign exchange market, with the objective of achieving an appropriate market determined exchange rate for the...
By Eze Okechukwu, Abuja The Nigerian National Petroleum Company Limited (NNPCL), the Central Bank of Nigeria (CBN) and other critical stakeholders of the Nigeria economy yesterday...
By Tony Obiechina, Abuja In its determination to promote stability and reduce market volatility in the foreign exchange market, the Central Bank of Nigeria (CBN) has...
By Tony Obiechina, Abuja Following claims in certain quarters about the stability of some Nigerian banks in the wake of Heritage Bank Plc’s license revocation, the...