OKEY ONYENWEAKU As the Nigerian economy continues to struggle and the banks are adjusting their strategies to survive the harsh macro-economic environment, the Central Bank of...
The Nigerian bond market was bullish on Wednesday on the back of increased participation local and off-shore investors in the mid- to long-end of the curve,...
The Naira lost 0.26 per cent against the dollar at the Investors’ and Exporters’ (I&E) foreign exchange window on Wednesday. The dollar was sold for N363.04...
Diamond Bank has allayed fears over the impact the Central Bank of Nigeria’s (CBN) recent fine on it and three other lenders for foreign exchange infractions, ...
In response to the Central Bank of Nigeria (CBN) fine, Stanbic IBTC Holdings PLC has informed its customers and other stakeholders that the penalty would not...
Godwin Emefiele, CBN Governor The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained benchmark interest rate at 14 per cent with...
FELIX OLOYEDE The continuous decelerating inflation rate in the country was largely due to weak purchasing power amongst Nigerians, said Johnson Chukwu, Managing Director, Cowry Asset...
…expect capital flight, experts warn FELIX OLOYEDE There is growing concern over the effects of U.S. Federal Reserve’s decision to raise its benchmark interest rate, would...
FELIX OLOYEDE Contrary to the expectation of many for an interest rate cut, the Central Bank of Nigeria may actually raise rates by the fourth quarter...
