The practice whereby Nigerian businessmen obtain dollars at official rate and resell at a higher rate at the parallel market is still continuing, emir of Kano,...
Diamond Bank, in collaboration with Code Camp Africa will train 500,000 Nigerian children on computer programming and coding within a short period of time. In preparation...
Some banks on Wednesday clarified their positions on the alleged suspension from the foreign exchange market transaction by the Central Bank of Nigeria over alleged non-remittance...
The Central Bank of Nigeria on Wednesday said it had re-admitted the United Bank for Africa into the foreign exchange market. The directive, according to the...
The naira tumbled to 402 at the parallel market on Wednesday, a day after the Central Bank of Nigeria banned nine banks from the foreign exchange...
The Nigerian stock market (equity category) depreciated by N438bn between August 24, 2015 and August 24 this year. The Nigerian Stock Exchange All-Share Index also slid...
The Central Bank of Nigeria is in the process of stopping issuers of dud cheques (returned cheques) from opening current account, the Deputy Director, Banking Supervision,...
The activities of pipeline vandals and oil thieves are taking a toll on the operations of the Nigerian National Petroleum Corporation as the oil firm suffered...
The Federal Executive Council on Wednesday approved the Medium Term Expenditure Framework and Fiscal Strategy Paper for 2017 to 2019, thus kick-starting the preparation of the...
Nigerian banks barred from the interbank foreign-exchange market may be fined and face the loss of customers and trading income, analysts at Lagos-based CSL Stockbrokers Ltd....