BDCs Want CBN to Review Exchange Rate Band The Association of Bureaux De Change Operators of Nigeria, the umbrella body of over 3,500 BDC operators licensed...
CBN to Sanction Banks for Payment System Infractions The Central Bank of Nigeria has indicated a plan to sanction any banks that violate the country’s payment...
‘Solid Minerals Contributed N3.5bn to Federation Account in 2017’ The solid minerals sector contributed N3.5bn to the Federation Account between January and November 2017, the Minister...
Trading on CBN Investors & Exporters FX Window Hits $26bn The Central Bank of Nigeria’s Investors and Exporters foreign exchange window recorded approximately $26bn transactions in...
Equities Gain N330bn in one Session, Conoil Tops Gainers The stock market opened the week on a positive trajectory as the Nigerian Stock Exchange market capitalisation...
Union Bank Raises N50 Billion from Existing Shareholders Union Bank of Nigeria Plc has successfully raised N49.7 billion through a Rights Issue from existing shareholders, showing...
Bank Loans, Collateral to Rise in Q1 –CBN Companies of all sizes will demand more loans during the first quarter of 2018 and commercial banks have...
FG Makes N909bn From VAT in One Year Between October 2016 and September 2017, the federation account received a total inflow of N908.9bn in Value Added...
Nigerian Banks Stop ATM Cash Withdrawal Abroad A number of Deposit Money Banks in the country have barred their customers from using debit and credit cards...
NNPC Posts N68.84bn Loss in 10 Months The Nigerian National Petroleum Corporation posted a group operating loss of N68.84bn between January and October 2017. According to...
