The Central Bank of Nigeria (CBN) has readmitted United Bank for Africa (UBA) into the Foreign Exchange Market following its remittance of all NNPC/NLNG dollar deposits.
The local currency, the Naira ended on a positive note at the close of last week’s interbank market, closing at N308 per dollar which was about...
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has been elected President of the Association of African Central Banks (AACB).
The global leader in payments, Visa Inc says it is bringing its mobile payments solution, mVisa to Nigeria.
Debt Management Office (DMO) on behalf of the Federal Government of Nigeria has raised a total sum of N219.58 billion in local currency denominated bonds with...
The President of Nigeria, Muhammadu Buhari, has sought for the cooperation of African Central Banks in the repatriation of illicit cash.
The Federal Mortgage Bank of Nigeria (FMBN) has called for the assistance of the Economic and Financial Crimes Commission (EFCC) in recovering bad debts totalling over...
Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2016 to the Nigerian and London Stock Exchanges.
The Central Bank of Nigeria on Tuesday announced an increment in the sale of forex to licensed Bureau De Change operators.
A recent survey carried out by NOIpolls reveal that majority of Nigerian populace are fast adjusting their expenditures and lifestyles as the country’s economy bites harder.