CBN Sells $195m Ahead of MPC Decisions Ahead of the decisions of the Monetary Policy Committee on Tuesday, the Central Bank of Nigeria on Monday boosted...
FG Serves Forfeiture Order on Banks The Federal Government has served seven banks with the order of the Federal High Court in Lagos directing a temporary...
Stock Market Hits Two-year High, Soars by N218bn The nation’s bourse recorded its highest return in over two years on Monday, as the Nigerian Stock Exchange...
CBN Returns N51.9bn Illegal Deductions to Bank Customers The Central Bank of Nigeria has said that it has recovered over N51.9bn illegally deducted by commercial banks...
CBN Sells TBs Above Inflation to Attract FX Flows The Central Bank of Nigeria has offered six and 12-month Treasuries at yields higher than the country’s...
Debt Servicing Gulped N7.88tn in Five Years The Federal Government spent $25.82bn to service its debts between 2012 and 2016, the Debt Management Office has said....
Cash Crunch Hits Banks as CBN Mops up Naira In order to reduce demand for foreign exchange, especially the dollar, the Central Bank of Nigeria has...
FG Releases N470bn for Outstanding Pension The Nigeria Union of Pensioners (NUP) has commended the Federal Government for the release of about of he sum of...
N200b Online Payment Revenue Vista for MSMEs A fresh window of opportunity may have come the way of Nigeria’s estimated 37 million Micro, Small and Medium...
ABCON Boss Urges CBN to Mop up Naira, Cut Interest Rate Financial expert, Alhaji Aminu Gwadabe, has urged the Central Bank of Nigeria to further mop...