By Aduragbemi Omiyale Last week, the Central Bank of Nigeria (CBN) sold foreign exchange (FX) to some banks in the country through the Retail Dutch Auction...
By Kenechukwu Aguolu One of the first major policies of President Bola Tinubu’s regime was the floating of the Naira to unify foreign exchange (FX) rates...
By Adedapo Adesanya The Nigeria Deposit Insurance Corporation (NDIC) says about 82.36 per cent of the total insured depositors of the defunct Heritage Bank have been...
By Adedapo Adesanya The Central Bank of Nigeria’s (CBN) refusal to pay $2.4 billion foreign exchange (FX) forwards declared illegal is affecting the operations of Nigerian...
By Adedapo Adesanya Several reports suggest that the Central Bank of Nigeria (CBN) may support the merger between Unity Bank Plc and Providus Bank Limited with...
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has given a next-of-kin the authority to access funds in dormant accounts of their loved ones, especially...
By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has approached the Federal High Court in Lagos for an order to compel the Central Bank...
By Adedapo Adesanya The Manufacturers Association of Nigeria (MAN) has reacted to the latest increase in the benchmark interest rate by 50 basis points by the...
By Adedapo Adesanya The Naira fell further against the United States Dollar by 2.45 per cent or N37.95 in the Nigerian Autonomous Foreign Exchange Market (NAFEM)...
By Adedapo Adesanya There are indications that the Central Bank of Nigeria (CBN) will hike interest rates later today to further strengthen the Naira and cool...
