The CBN will stop the sale of foreign exchange to commercial banks before the end of the year, its governor, Mr Godwin Emefiele, said in Abuja...
By Tony Obiechina, Abuja The Central Bank of Nigeria in collaboration with the Bankers’ Committee has launched a foreign exchange programme to assist the country repatriate...
By Joseph Amah, Abuja The Centre for the Promotion of Private Enterprise (CPPE) says the newly introduced electronic invoice (e-invoice) will worsen the country’s trade transactions...
By Joseph Amah, Abuja The Chairman of United Bank for Africa (UBA), Tony Elumelu, has stated that a properly run capital market can democratise wealth and...
From Anthony Nwachukwu, Lagos Citing a lack of dialogue with stakeholders who the policy will adversely affect, the Manufacturers Association of Nigeria (MAN) has urged the...
The Central Bank of Nigeria has released a guide for bank customers and others on how and where they can lodge complaints against financial institutions regulated...
Doles Out N23. 20bn Loan Facility to 28 Firms By Tony Obiechina, Abuja Twenty-eight companies whose articulated projects scaled Central Bank of Nigeria’s (CBN) screening for...
By Joseph Amah, AbujaThe Central Bank of Nigeria (CBN) has amended the operational guidelines on global standing instruction (GSI). The GSI is a policy that allows...
By Joseph Amah, Abuja Economy expansion continued as the Manufacturing Purchasing Managers Index (PMI) rose to 52 index points in December 2021. This represents a 4.8...
In a related development, House of Representatives, yesterday also set up an adhoc committee to investigate unclaimed funds running into trillions of naira in commercial banks...