By Dipo Olowookere It is no doubt that since the Central Bank of Nigeria (CBN) changed the leadership of Skye Bank some weeks ago, the bank...
By Modupe Gbadeyanka President of Dangote Industries, Mr Aliko Dangote, has disclosed that his business estate would start selling foreign exchange to the Central Bank of...
By Modupe Gbadeyanka The United Bank for Africa (UBA) has now been readmitted into the foreign exchange market after it was earlier barred by the Central...
By Dipo Olowookere Banks in Nigeria have been directed by the Central Bank of Nigeria (CBN) to allocate 60 percent of their foreign exchange purchases to...
By Dipo Olowookere Nine commercial banks operating in Nigeria were on Tuesday suspended by the Central Bank of Nigeria (CBN) from the interbank foreign exchange market....
By Dipo Olowookere Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Monday said that capacity deficits remained a major challenge facing countries in...
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...
The Nigerian government has placed orders for the massive importation of kerosene into the country, Punch reports. This is in a bid to check the arbitrary...
The Central Bank of Nigeria (CBN) has maintained that Skye Bank is neither distressed nor liquidated. The apex bank in the land made this clarification following...
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 to $50,000...
