AGF’s response to latest whistleblower discouraging—Nigerians Business Hilights Jun 30, 2020 The way and manner of response to the request put forward by a whistleblower to the Office of the Attorney-General of the…
NIPOST outlets to offer banking services, Int’l passport issuance from May this year—Minister Business Hilights Apr 14, 2017 Though efforts to get official confirmation from the Central Bank of Nigeria (CBN) on Thursday proved abortive, the Minister of…
GTB, Zenith Bank, others await second tranche of Etisalat’s negotiated loan payment Business Hilights Apr 13, 2017 Indications have emerged, showing that the dusts raised by $1.2 billion, about N30bn loan jointly pulled by a consortium of banks…
Momentary weakening of Naira shows it cannot be stable by only CBN’s intervention–Expert Business Hilights Apr 13, 2017 Ever since the Central Bank of Nigeria (CBN) started its almost daily intervention in forex liquidity, many pundits have continued…
Zenith Bank Plc is stronger than them all, rock solid— Fitch Report Business Hilights Apr 12, 2017 Whereas three banks (names with held) were said to vulnerable by the latest result of the stress test conducted by the Central…
CBN’s new special forex window for SMEs’ll drive cut forex settlement period Business Hilights Apr 12, 2017 Analysts have hailed the tactics used by the Central Bank of Nigeria (CBN) to open a special foreign exchange window for the Small…
CBN begins tightening of liquidity with seven to 30-day maturity Forwards sale Business Hilights Apr 11, 2017 Indications have emerged that the combination of foreign exchange (forex) and Treasury Bills (T-Bills) auctions by the Central…
CBN deepens forex rates convergence drive, crashes BDC rate to N360 to sell at N362 only Business Hilights Mar 29, 2017 All most 24 hours after the Central Bank of Nigeria (CBN) directed Deposit Money Banks (DMBs) in the country to sell foreign…
Banks abusing CBN’s forex guidelines in trouble as apex bank plans examination visit Business Hilights Mar 28, 2017 Out of fears and suspicion of infractions by some commercial banks in the disbursement of forex allocations, the Central Bank of…
Recession receding as Nigeria’s inflation falls to 17.78% in February – NBS Business Hilights Mar 15, 2017 Respite on recession seems underway as latest report on the nation’s presented by the National Bureau of Statistics (NBS) on…