By Boniface Chizea An unanticipated development within the financial sector was the sudden sharp and precipitous drop in interest rates across board. The reason for this...
By OKEY ONYENWEAKU Monetary policy all over the world has far-reaching implications for not only the financial markets but also the economies of sovereign nations. Therefore,...
The Central Bank of Nigeria (CBN) has said deposits made into domiciliary accounts can only be withdrawn in cash and not transferable offshore. The apex bank...
The Central Bank of Nigeria (CBN), has barred the country’s commercial banks from sacking more than five staff without first obtaining its approval. This was one...
The Central Bank of Nigeria (CBN) has finally begun restriction of forex on importation of milk and other dairy products in bid to encourage local production....
Data obtained from the Central Bank of Nigeria (CBN) has shown that Nigeria’s external reserves saw a decline of $4.47 billion from $42.54bn as at the...
Kaduna State Governor, Nasir El-Rufai on Monday, performed the groundbreaking of a multi-billion naira Tomato Processing Plant owned by Tomato Jos Farming and Processing Limited. The...
The Central Bank of Nigeria (CBN) management yesterday, announced the redeployment of Mr. Yusuf Philip Yila, a director with the apex bank and the Managing Director,...
By Okey Onyenweaku Deputy Governor, Corporate Services of the Central Bank of Nigeria,CBN, Edward Lametek disclosed yesterday that over N1.3 trillion has been spent on rice,...