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...
FG Seeks $2.3bn Loans From W/Bank, China The Federal Government is seeking to borrow at least $1bn from the World Bank and another $1.3bn from China’s...
Market Gains N29bn as CBN Reviews Forex Policy The Nigerian equities market appreciated by N29bn on Monday as the Central Bank of Nigeria released a new...
CBN to Make Forex Available for PTA, School Fees, Others The Central Bank of Nigeria on Monday modified its foreign exchange policy with the reduction of...
T-Bill’s Offer Overshot by N148.4 Billion The Federal Government’s debt strategy is now in full operation, as a N30 billion Treasury Bills (T-Bill) offering last week,...
