By Modupe Gbadeyanka Last week, International Money Transfer Operators (IMTOs) supplied $25.09 million to about 3,137 licensed Bureau De Change (BDC) operators in the country. Also...
By Dipo Olowookere President Muhammadu Buhari has sent names of two new ministerial nominees to the Senate for confirmation as required by the constitution. The two...
By Sodiq Afolayan Due to the epileptic power supply in Nigeria, the use of diesel in power generation is no doubt a major alternative. However, we...
By Modupe Gbadeyanka In order to further ease the Naira against the Dollar, the Central Bank of Nigeria (CBN) has announced the release of $185 million...
By Modupe Gbadeyanka Commercial banks operating in Nigeria have been directed by the central bank to sell forex to their retail customers at the rate not...
By Dipo Olowookere A team from the International Monetary Fund (IMF), led by Mr Oral Williams, visited Lilongwe from March 8–23, 2017, to conduct discussions on...
By Dipo Olowookere Nigerian banks have placed their workers under close watch following intense pressure by ‘big’ customers on majority shareholders and directors to monitor overzealous...
By Dipo Olowookere Lagos State Governor, Mr Akinwunmi Ambode on Saturday lauded his predecessor in office and Minister of Power, Works and Housing, Mr Babatunde Fashola...
By Modupe Gbadeyanka An additional $100 million has been released into the foreign exchange market by the Central Bank of Nigeria (CBN) for use by wholesale...
By Modupe Gbadeyanka Zenith Bank Plc says it will no longer go on with its plans to raise about N100 billion from the capital market through...