Business Hilights

Tracking Nigeria's Headline Business News Online

commercial banks

(Special Report) Understanding Dangote’s diversification advice to Nigerian banks

Reviewing the multifaceted challenges’ facing the global crude oil prices due to the drop in crude oil demand and threatening COVID-19 worldwide, the Chairman, Dangote Group, Alhaji Aliko Dangote had on Wednesday last week urged government and other major stakeholders…

Only painful sanctions by CBN can stop banks from currency round tripping

Beyond visiting banks very close to its head office in Abuja to check and give customers powers to report any erring bank frustrating flexible access to foreign exchange at official rates by the Central Bank of Nigeria (CBN) Governor, Godwin…