To reduce and illegal banking transaction in Nigerian banking system, Central Bank of Nigeria (CBN) in 2015 directed all account holders home and abroad to enroll...
The renewed decline in oil production and a sliding Purchasing Managers Index suggests that the Nigerian economy has not yet reached a trough, even after a...
The Central Bank of Nigeria (CBN) has blamed the elite who preferred imported materials to local ones for the foreign exchange (forex) crisis, which has contributed...
First Bank of Nigeria Limited, Nigeria’s most valuable banking brand and foremost financial institution, today announced the appointment of Mr. Olusegun Alebiosu as its new Chief...
Foreign exchange traders have anticipated more Naira gains, as buying and selling at the foreign exchange market showed local currency gaining some points against the Unites...
Nigeria’s external reserves fell to $25.41billion as at August 31, 2016, compared to $26.44 billion it stood at on June 20this year, shedding a total sum...
Guaranty Trust Bank Plc (GTBank) is giving innovative banking a priority. The *737* mobile banking code emerged out of the need to meet and exceed customers’...
Despite reinstating the nine banks who were suspended from the interbank currency market for failing to remit money owed to the government, by the Central Bank...
The consecutive acceleration in the nation’s headline inflation marks the ninth month at a stretch that Consumer Price Index (CPI) has increased, with the recent reports...
Nigeria, Africa’s biggest economy, officially slid into recession for the first time in more than 20 years as the statistics office announced a further contraction in...
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