By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has promised to fund the 60-day forward sales and foreign exchange requests from the agricultural, aviation, machinery...
By Modupe Gbadeyanka Central Bank of Nigeria (CBN) has maintained that commercial banks operating in the country are still very sound and have strong capital base....
By Ebitonye Akpodigha Financial institutions operating in Nigeria have been charged to refrain from any form of unethical practices that could stain the image and status...
By Modupe Gbadeyanka A number of Deposit Money Banks in the country will close many of what they described as unprofitable branches as the economic recession...
By Ebitonye Akpodigha Discussions have commenced between the Federal Government and the organized labour unions (ASBIFFE & NUBUIFE) in the financial sector in Nigeria with a...
By Modupe Gbadeyanka A former Minister in Nigeria, Mr Kenneth Gbagi, has accused commercial banks in the country of making the dollar become a scarce commodity...
By Modupe Gbadeyanka Central Bank of Nigeria (CBN) has threatened to wield its big stick on any Bureau Chief Deposit Money Banks (DMBs) found to be...
By Modupe Gbadeyanka The Lagos Chamber of Commerce and Industry (LCCI) has condemned the directive to commercial banks in Nigeria by the Central Bank of Nigeria...
By Modupe Gbadeyanka Commercial banks operating in the country have been accused of violating rules guiding international money transfer inflows into the country. The Central Bank...
The lending rates of banks in Nigeria may experience a further push up this week as the Central Bank of Nigeria (CBN) continues its contractionary monetary...
