Nigeria’s House of Representatives has resolved to set up an ad-hoc committee to investigate the circumstances that led to the mass retirement of 1,000 staff of...
The Central Bank of Nigeria (CBN), has set a minimum trade value of $100,000 for interbank foreign exchange trading via the Electronic Foreign Exchange Matching System...
The Central Bank of Nigeria (CBN) has increased the monetary policy rate to 27.50 percent, from 27.25 per cent. Olayemi Cardoso, governor of the apex bank,...
The Central Bank of Nigeria (CBN), has warned members of the public to be weary of activities of fraudsters purporting to be in receipt of award...
…as DMBs fees soar to almost 40 percent Many Nigerian families and businesses in need of funds have turned to savings and cooperative societies and...
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), has noted that the country is considering launching a diaspora bond in the United States as...
Mr. Olayemi Cardoso, governor of Central Bank of Nigeria (CBN), has disclosed that the country’s foreign reserves rose by 12.74 per cent to $39.12 billion as...
Aggressive monetary tightening by the Central Bank of Nigeria (CBN), in a bid to rein in inflation, is compounding Nigeria’s tough operating environment, leaving businesses in...
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, says the bank’s decision to implement the Electronic Foreign Exchange Matching System (EFEMS) is rooted...