CBN Readmits UBA Into Forex Market
By Modupe Gbadeyanka The United Bank for Africa (UBA) has now been readmitted into the foreign exchange market after it was earlier barred by
Suggestions
Reliable Financial and Stock Market Stories
CBN Orders Banks To Give 60% FX To Manufacturers
By Dipo Olowookere Banks in Nigeria have been directed by the Central Bank of Nigeria (CBN) to allocate 60 percent of their foreign exchange
CBN Bars First Bank, UBA, FCMB, Others From FX Market
By Dipo Olowookere Nine commercial banks operating in Nigeria were on Tuesday suspended by the Central Bank of Nigeria (CBN) from the interbank foreign
Capacity Deficits Remain Challenge To West Africa—Emefiele
By Dipo Olowookere Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Monday said that capacity deficits remained a major challenge facing
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 Bank of Nigeria (CBN) continues its
FG Orders Importation Of Kerosene
The Nigerian government has placed orders for the massive importation of kerosene into the country, Punch reports. This is in a bid to check
CBN Insists Skye Bank Not Distressed Or Liquidated
The Central Bank of Nigeria (CBN) has maintained that Skye Bank is neither distressed nor liquidated. The apex bank in the land made this
CBN Increases Dollar Sale To BDCs To $50,000
The maximum amount of Dollars that could be sold to the Bureau De Change (BDC) operators in the country has been increased from $30,000
Fidelity Bank Gets Licence To Operate e-Commerce
Central Bank of Nigeria (CBN) has granted Fidelity Bank Plc the license to operate electronic commerce services in Nigeria, Business Post has been notified.
CBN Extends BVN Registration For Diaspora Customers
The Central Bank of Nigeria (CBN) has announced the extension of registration for the Bank Verification Numbers (BVN) for Nigerian customers living abroad. In
