Foreign exchange earnings from Diaspora Remittances have for years, supported Nigeria’s economy. But the World Bank has projected global remittances to decline sharply by about 20...
The strengthened 0.19 per cent at the Investors’ & Exporters’ (I&E) Foreign Exchange Window this trading week ended June 11, 2020, to close at ₦385.75/ $1.00,...
National Co-operatives Financing Agency of Nigeria (CFAN) has lauded the waiving of guarantors for applicants of CBN’s N50 billion COVID-19 Targeted Credit Facility. CFAN described the...
By Adebayo Obajemu Investigations by Business Hallmark indicated that banks’ loans to customers soared by more than N1 trillion during the first three months of 2020....
The naira strengthened by 0.44 per cent against the dollar to N448 at the parallel foreign exchange window on Tuesday. At the Investors and Exporters (I&E)...
The naira depreciated by 0.21 per cent to N387.33 against the dollar at the Investors and Exporters (I&E) foreign exchange window on Monday. It opened at...
In a bid to alleviate the impact of the coronavirus pandemic on the country, the Central Bank of Nigeria (CBN) has introduced the N50 billion Targeted...
The Naira depreciated 0.45 per cent to N447/$ at the parallel market on Thursday as pressure continues to mount at Nigerian foreign exchange market. Also, the...
Lagos State Ministry of Home Affairs on Tuesday said that the State Government has started the procedure of automating the processing of money-lending licenses, revealing that...
