CBN to Increase Banks’ Forex Allocation

The Central Bank of Nigeria (CBN) has concluded plans to increase foreign exchange allocated to banks to meet customers’ requests. […]

CBN to states: Be Good Debtors, Repay Your Debts

The Central Bank of Nigeria (CBN) has told state governments to act as good debtors by paying the debts that […]

World Bank report says officially recorded remittance flows to low- and middle-income countries reached $540 billion in 2020, 1.6 per […]

The sacked Chairman of First Bank Nigeria Limited, Mrs. Ibukun Awosika, has said she acted in truth and honesty in […]

The Minister of Finance, Budget and National Planning, Dr Mrs Zainab Shamsuna Ahmed says the Management of the Nigeria Export […]

The Speaker of the House of Representatives, Femi Gbajabiamila, has expressed concern about the exploitative ways banks use their female […]

Deposit Money Banks (DMBs) and authorised Bureau De Change (BDC) operators who reject old and lower denomination of the United […]

Despite public concerns about Nigeria’s rising debts, the Senate yesterday approved fresh external loans of $1.5 billion and €995 million […]

In its capacity as official liquidator, the Nigeria Deposit Insurance Corporation (NDIC) has secured a judgment against Jolimair Nigeria […]

As a result of the implementation of the bridge bank resolution option that established Polaris Bank which assumed […]