CBN Pumps Fresh $180m into Forex Market The Central Bank of Nigeria on Monday increased the liquidity in the foreign exchange market by releasing additional $180m...
FCMB Offers Free Banking Services to SME Operators The small and medium scale enterprises (SMEs) in Nigeria can now enjoy banking services without charges. This followed...
CBN, NIBSS Restate Commitment to Cashless Policy The Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS) have reiterated their commitment to the...
Shareholders Get N30bn Stranded Dividend The Securities and Exchange Commission has said that over N30bn has so far been paid to investors in the Nigerian capital...
Banks Losing Appetite for Oil, Gas Loans Many Nigerian banks are no longer keen on lending to oil and gas companies in the country despite the...
CBN Reintroduces Charges on Cash Deposits, Withdrawals The Central Bank of Nigeria on Thursday announced the reintroduction of bank charges on certain categories of cash deposits...
Naira Improves on Parallel Market, Sells at N501/$ The new foreign exchange policy introduced by the Central Bank of Nigeria strengthens the Naira on the parallel...
CBN Raises Intervention at Interbank Market to $6m A day after fine-tuning the foreign exchange policy, the Central Bank of Nigeria (CBN) made good its pledge...
MTN Needs to list on Nigerian Bourse The Minister of Communications, Adebayo Shittu, has urged MTN Nigeria to list its shares on the Nigerian Stock Exchange,...
Naira Records Little Gain, Closes at 512/dollar The naira recorded slight gain on Tuesday and closed at 512 against the United States dollar on the parallel...