By Modupe Gbadeyanka Banks operating in Nigeria and trading in the foreign exchange market have been mandated they now have 48 hours to process and meet...
By Modupe Gbadeyanka Federal Government says henceforth, mortgages below N5 million will no longer attract the initial payment of 10 percent equity from off-takers. This was...
By Dipo Olowookere Any authorised foreign exchange dealers that fail to adhere strictly to the recently introduced forex policy by the Central Bank of Nigeria (CBN)...
By Dipo Olowookere Latest report released last week by FSDH Research has revealed that the Nigerian currency, Naira appreciated at the parallel market in February 2017....
By Dipo Olowookere A leadership delegation of the International Finance Corporation (IFC), led by the Vice President and Treasurer, Mr Jingdong Hua, recently paid a visit...
By Dipo Olowookere The Central Bank of Nigeria (CBN) sold a total of $989.6 million to importers and retail customers in January with commercial banks allocating...
By Dipo Olowookere Federal Government has allotted N702 billion to the Nigeria Bulk Electricity Trading (NBET) as power payment guarantee support. This is in recognition of...
By Dipo Olowookere Nigeria’s overnight interbank lending rate, Reuters says, reached 16 percent on Friday from about 13 percent it recorded at the end of last...
By Modupe Gbadeyanka On Friday, the Debt Management Office (DMO) listed the $1 billion Federal Government’s Eurobond on the FMDQ OTC Securities Exchange. The $1 billion...
By Modupe Gbadeyanka Oil companies operating in Nigeria have been directed by the Federal Government to relocate their headquarters to Niger Delta region of the country....