The Central Bank of Nigeria (CBN) has disclosed that the net foreign exchange (forex) inflow into the Nigerian economy saw a disappointing fall from $
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HoldCo is an abbreviation for Holding Company. A holding company is a business entity that owns enough shares in other companies and largely influence
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The default rate on loans backed with collateral worsened in the last quarter of the year. This is according to a report by the Central Bank of Nigeri
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The Nigerian Stock Exchange (NSE) emerged the best-performing stock market among the 93 equity indexes being tracked by Bloomberg across the globe. Th
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President Muhammadu Buhari has mandated the Central Bank of Nigeria (CBN) to maintain its non-provision of foreign exchange policy for food importatio
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Fidelity Bank Plc announces new Board appointments in place of some of its outgoing Directors, who have recently completed their tenure on the Board i
Read MoreThe monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has stated that over one million customers have been able to access loans at
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The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit of commercial banks grew by 7.61 per cent in October 2020, compared
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The Central Bank of Nigeria (CBN) has revealed that based on a survey done by its Statistics Department, there are strong indications that the Naira w
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Nigeria’s population is growing exponentially. According to the World Bank, it is projected that Nigeria will outgrow the population of the Unit
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The licenses of seven payment service providers (PSP) and one switch operator have been revoked by the Central Bank of Nigeria (CBN). The CBN made the
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According to the Q3 economic report of the Central Bank of Nigeria (CBN), Deposit Money Banks borrowed the sum of N1.7 trillion from the apex bank in
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Mr. Bismarck Rewane, the Managing Director/Chief Executive Officer, Financial Derivatives Company Limited, predicted that double-digit inflation in th
Read MoreA recent survey report by the Central Bank of Nigeria (CBN) for the last quarter of 2020 (Q4 2020) has shown that the increasing rate of inflation wil
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The Nigeria Deposit Insurance Corporation (NDIC) has commenced the closure of 42 Microfinance Banks (MFBs) which operating licences were recently revo
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Nigerian equities for five consecutive trading sessions regained the global lead as the most-rewarding stocks, to close the weekend with net capital g
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Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has entered into a strategic partnership with the Lagos Waste Management Authori
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The Central Bank of Nigeria has revoked the operating licences of 42 microfinance banks in the country. The Nigeria Deposit Insurance Corporation (NDI
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Following its new policy on the remittance of international money transfer in foreign currencies to recipients, the Central Bank of Nigeria (CBN) has
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The legal counsel to the Ogoni people has filed a contempt charge against the governor of the Central Bank of Nigeria, Godwin Emefiele over his allege
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