CBN Sanctions 14 Banks for Crowding out SMEs in FX Market Following persistent complaints that some Deposit Money Banks (DMBs) have deliberately frustrated efforts by many...
Court Adjourns $16.4m Debt Suit Against Stella Oduah The Federal High Court in Lagos has adjourned till May 30, 2017 to hear pending applications in an...
‘CBN Loan Blocking Our Access to Finance’ Power distribution companies in the country on Monday said part of the N201.6bn Central Bank of Nigeria loan reflecting...
W’Bank Blames Nigeria’s Forex Crisis on Fixed Exchange Regime The World Bank has blamed Nigeria’s enduring foreign exchange instability on the fixed exchange regime in the...
Improved Dollar Liquidity May Boost Banks’ Earnings The increase in dollar sales by the Central Bank of Nigeria (CBN) is giving banks in the country reason...
Infractions: CBN, SEC Fine Three Banks The Central Bank of Nigeria and the Securities and Exchange Commission have slammed various fines on three banks for committing...
CBN Mops up Liquidity to Support Naira The Central Bank of Nigeria sold N107.64bn ($353m) in Treasury bills on Friday in a move to soak up...
NSE: New Listings Yield N62.5bn in Three Months The Nigerian Stock Exchange raked in N62.5bn from the fresh listing of five companies’ securities in the first...
Naira Closes at 390/dollar as CBN Sells $100m The naira depreciated from 388 per United States dollar on Wednesday to 390/dollar on Thursday as the Central...
We’ve Enough Dollars for End Users The Bankers Committee of the Central Bank on Thursday declared that there was adequate stock of foreign exchange to sustain...
