The naira dropped further against the dollar to 263 at the parallel market on Sunday, four days after the local currency fell from 260 to 262....
UBA ATM Card Holders Can Now Perform FOREX Transactions After Central Bank of Nigeria (CBN) restricted naira-denominated ATM card from accessing forex starting from Jan 1,...
Economists and finance experts have expressed divergent opinions on the proposal by the Federal Government to borrow N2.2tn to finance the deficit envisaged in the 2016...
Bankers in the country and West Africa have been urged to reduce the amount of non-performing loans in the Deposit Money Banks’ books by coming up...
India’s rupee rose for an eighth day amid speculation global funds will resume purchases of the nation’s debt after a two-month selloff. The South Asian nation...
I read some comments on Facebook that the reason for naira ATM cards Forex restriction is to curtail frauds. I am putting it out there now...
Nigerians abroad, mostly students, on Saturday took to the streets to protest against Deposit Money Banks’ proposed ban on naira-denominated Automated Teller Machine cards for dollar-denominated...
The Central Bank of Nigeria (CBN) has reviewed the guidelines for the N220 billion Micro, Small, and Medium Enterprises (MSME) Fund to allow new businesses (start-ups)...
U.K. borrowing on loans and credit cards rose at the fastest pace in almost nine years in November, according to banking industry figures. The British Banking...
The Institute of Chartered Accountants in England and Wales (ICAEW) has stated that Nigeria and a few African countries have current account surpluses, indicating that their...
