Garba Shehu, the Senior Special Assistant to President Muhammadu Buhari on Media and Publicity has reacted to the outrage by Nigerians over the forex policy for...
The Central Bank of Nigeria (CBN) on Thursday directed all banks and authorised forex dealers to sell dollars to pilgrims going for the 2016 Hajj at a concessionary exchange ...
The Central Bank of Nigeria (CBN) in a circular to all banks and other financial institutions has said that savings account customers (with Bank Verification Number, BVN)...
The Monetary Policy Committee (MPC) on Tuesday hiked the Monetary Policy Rate by 200 basis points from 12 per cent to 14 per cent to combat...
The Central Bank of Nigeria (CBN) has taken over the Board and management of Skye Bank Plc after the lender failed to meet the regulator’s minimum...
The Nigerian Civil Aviation Authority (NCAA) has warned all airlines selling flight tickets in foreign currencies in Nigeria to desist from the practice forthwith. The NCAA...
The Central Bank of Nigeria (CBN) has unveiled new guidelines in the management of Foreign Exchange (FX) which will be determined by the market and primary...
The Lagos Chamber of Commerce and Industry (LCCI) has appealed to the CBN to ensure transparency in the formulation of guidelines for its new flexible foreign...
It was reported over the weekend that CBN governor, Godwin Emefiele and the Group Managing Director, Nigerian National Petroleum Commission, Ibe Kachikwu flew on a private...
Muhammad Sanusi, the emir of Kano, has denied reports that he gave former National Security Adviser, Sambo Dasuki, N40 billion in cash donations while he was governor of Central...
The festive season is almost here… I can feel it already with the thousands of wish lists all around the place. I have drafted mine already...
BellaNaijarians, have you gotten your Bank Verification Number (BVN) yet? The deadline is in less than 24 hours, and the Central Bank of Nigeria (CBN) says the...
J.P. Morgan recently announced its decision to phase out Nigeria from its Government Bond Index for Emerging Markets (GBI-EM). In reaction to the development, Central Bank...
The Central Bank of Nigeria (CBN) has officially barred banks in the country from accepting foreign currency cash deposits into customers’ domiciliary accounts, Daily Post reports....
In line with a directive issued by the Central Bank of Nigeria (CBN), which instructed banks to publish names of debtors, many have proceeded to do...
According to a report by Daily Times, the Naira-Dollar exchange rate now ranges between N250 – N265 to $1. The report further states: The official market...
Chams PLC., Nigeria’s leading identity management firm, has unveiled identity verification software called ConfirmMe to the Nigerian public at the company’s headquarters in Lagos. ConfirmMe is a unified...
Bank customers, mostly traders within Onitsha and its environs, thronged branches of commercial banks to meet the deadline of the Bank Verification Number (BVN) registration. The...
Six top Central Bank of Nigeria (CBN) officials and 16 other commercial bank workers have been arrested by the Economic and Financial Crimes Commission (EFCC) for...
Through its “Future First” Programme, First Bank Nigeria is driving financial literacy and career counselling for secondary school students across Nigeria. Financial literacy is one lesson secondary...
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