Market intelligence suggests that Bureau de Change (BDC) operators in Nigeria could be heading for a showdown with the Central Bank of Nigeria (CBN) due to...
The Central Bank of Nigeria (CBN) has announced that it has repaid 85% of the Chinese yuan (CNY) borrowed from the currency swap agreement with China....
For the second year running, leading financial institution, Fidelity Bank Plc, has emerged the company with the highest earnings per share on the Nigerian Exchange Limited...
The Nigerian stock market made a triumphant turnaround as investors rekindled their enthusiasm for BUA Foods Plc, Dangote Sugar Refinery Plc, and Transnational Corporation Plc, igniting...
The National Insurance Commission (NAICOM) has raised concerns about the adverse effects of the ongoing foreign exchange crisis and inflationary trends on the insurance sector, with...
Non-Compliance with Audited Financial Statements and Quarterly Reports Submission Results in Penalties
There is mounting evidence suggesting that commercial banks and merchant banks in Nigeria have increasingly turned to the Central Bank of Nigeria (CBN) for liquidity, with...
A recent report by the Financial Institutions Training Center (FITC) has exposed a staggering surge in fraud cases. These nefarious activities have collectively drained an alarming...
In a recent interview on Africa Independent Television (AIT), Hassan Mahmud, the Director of the Monetary Policy Department at the Central Bank of Nigeria (CBN), responded...
A confidential communication from the Central Bank of Nigeria (CBN) to a prominent commercial Bank Plc has surfaced, shedding light on a decisive directive issued by...
