Adebayo Obajemu The Central Bank of Nigeria (CBN) has extended the deadlines for compliance with the revised minimum capital requirements by Microfinance Banks (MFBs) in the...
The Central Bank of Nigeria (CBN) has extended the deadlines issued to Microfinance banks (MfBs) to recapitalise their capital base. In a circular issued to all...
By OBINNA EZUGWU The Central Bank of Nigeria (CBN) has resumed dollar sales for SMEs and school fees in line with the gradual easing of the...
OBINNA EZUGWU The Central Bank of Nigeria (CBN) has lifted temporary suspension of cheque clearing instituted in some states and the Federal Capital Territory (FCT) following...
By AYOOLA OLAOLUWA The high patronage of electronic transfer and Point of Sales (Pos) services by Nigerians during the current lockdown over the COVID-19 pandemic has...
The Managing Director of Maxifund Securities Limited, Mazi Okechukwu Unegbu, has advised Nigerian banks to grant their debtors who had suffered huge losses in the aftermath...
Despite the low volume of activity at the Nigerian foreign exchange market, naira weakened parallel segment. The cash and transfer rates of the parallel market increased...
Adebayo Obajemu The Central Bank of Nigeria will commence the disbursement of N50bn credit facility on Thursday. The fund, which is being managed by the NIRSAL...
Activity picked up for the Naira on Tuesday at the Investors and Exporters (I&E) foreign exchange window, although trade volumes continue to remain dismal. The Naira...
