The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has appealed to the 9th Senate of the Federal Republic...
…plans to save palm oil industry By OKEY ONYENWEAKU Beyond the injection of a support facility and a presidential directive to blacklist any firm, their owners...
The Central Bank of Nigeria (CBN) has said the country’s external reserves stand at $45 billion as at June 2019. Godwin Emefiele, CBN governor, disclosed this...
The Asset Management Corporation of Nigeria (AMCON) has revealed that not less than 431 debtors are owing it between N1 billion and N10 billion. The corporation...
The Central Bank of Nigeria (CBN) has said available records show there was an increase in Foreign Direct Investment in Nigeria during the 2018 financial period....
…Experts predict further devaluation By FELIX OLOYEDE The Central Bank of Nigeria has deployed measures to ensure that the local currency, the Naira does not slide...
By JULIUS ALAGBE Some deposits money banks are expected to begin the process of shoring up their financials in the second half of the financial year...
The Central Bank of Nigeria (CBN) intervened in the interbank segment of the Foreign Exchange Market with $210 million on Tuesday, a day before Nigeria’s new...
The Central Bank of Nigeria (CBN) has stated that it would not effect any change in the country’s exchange rate structure. Isaac Okoroafor, CBN’s Director, Corporate...