CBN To Fund 60-Day Forward Sales
Dipo Olowookere By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has promised to fund the 60-day forward sales and…
banks
Nigerian Banks Strong To Absorb Loses—CBN
By Modupe Gbadeyanka Central Bank of Nigeria (CBN) has maintained that commercial banks operating in the country are…
EFCC Warns Banks Against Unethical Practices
By Ebitonye Akpodigha Financial institutions operating in Nigeria have been charged to refrain from any form of unethical…
Banks To Close Branches As Recession Bites Harder
By Modupe Gbadeyanka A number of Deposit Money Banks in the country will close many of what they…
FG Begins Talks With Financial Unions
By Ebitonye Akpodigha Discussions have commenced between the Federal Government and the organized labour unions (ASBIFFE & NUBUIFE)…
Banks Deliberately Sabotaging Nigeria’s Economy—Former Minister
By Modupe Gbadeyanka A former Minister in Nigeria, Mr Kenneth Gbagi, has accused commercial banks in the country…
Power Fund: CBN Threatens To Sanction Banks
By Modupe Gbadeyanka Central Bank of Nigeria (CBN) has threatened to wield its big stick on any Bureau…
LCCI Rues 60% Forex To Manufacturing Sector
By Modupe Gbadeyanka The Lagos Chamber of Commerce and Industry (LCCI) has condemned the directive to commercial banks…
Banks Violating Int’l Money Transfer Rules—CBN
By Modupe Gbadeyanka Commercial banks operating in the country have been accused of violating rules guiding international money…
CBN Policy May Push Interest Rates Higher
The lending rates of banks in Nigeria may experience a further push up this week as the Central…