By FELIX OLOYEDE There is a renewed pressure on Naira as it devalued in all segments of the foreign exchange market, despite the oil prices crossing...
FELIX OLOYEDE Increased reserves, aggregated credit and loans and advances have pushed total assets of commercial banks in Nigeria up by 43.6 per cent. from ₦24.5...
The Minister of Finance, Hajiya Zainab Ahmed, has directed the Central Bank of Nigeria (CBN), and the Nigeria Deposit Insurance Corporation (NDIC), to fully investigate and...
The Central Bank of Nigeria (CBN) has reiterated that Nigerians have no reason to panic over the current drop in the country’s foreign reserves. Nigeria’s stood...
OKEY ONYENWEAKU Experts have expressed support for the effective and professional measures taken by the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele...
The Naira depreciated slightly by 0.05 per cent on Friday to N363.92 against the dollar from $/N363.74 the previous day at the Investors’ and Exporters’ Foreign...
CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO 120 OF THE MONETARY POLICY COMMITTEE MEETING OF MONDAY 24th AND TUESDAY 25th SEPTEMBER, 2018 Background The Monetary Policy Committee...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Tuesday for the retained the Monetary Policy Rate unchanged at 14 per cent for...
A slowdown in client demand characterizes the bond market on Monday, unlike sentiments witnessed for the most part of last week. This is on the back...