The Naira further appreciated at the official market on Thursday trading at the N1,485.95 to a Dollar. Data from the FMDQ Security Exchange official forex trading platform revealed that the…
The Naira on Wednesday bounced back after consistent three days losses and appreciated at the official market trading at N1,645.40 against the dollar. Data from the official trading platform of…
The Central Bank of Nigeria (CBN), has announced revocation of the licence of Heritage Bank Plc with immediate effect. This is according to a statement issued by Hakama Sidi-Ali, the…
Mr. Peter Obi, the 2023 Presidential Candidate of the Labour Party (LP), has faulted the newly introduced cyber security levy, saying it would negatively affect the economy. Obi said this…
The Naira on Wednesday slightly depreciated at the official market, trading at N1,421.06 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees…
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says recent stability achieved in the foreign exchange market is commendable. Cardoso said this on Tuesday in Abuja, while…
Nigerian banks may not have solely created today’s inclement economic weather, but they have been a catalyst and an albatross on the country. Corrupt, greedy and notorious, top bankers are…
The Central Bank of Nigeria (CBN) has successfully concluded the sale of government securities following the issuance of N1.053 trillion (680 million dollars) in short-term instruments. A statement issued on…
The Central Bank of Nigeria (CBN), has assured of stability in naira/ dollar exchange rate. The CBN Governor Mr. Olayemi Cardoso, said this at an interface with the Senate Joint…
The Senate, through its committee on Banking, Insurance and other Financial Institutions has summoned the Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso to appear before it on Tuesday.…