Sentiment towards the US economy was elevated on Friday following the hawkish comments from Janet Yellen which bolstered expectations over the Federal Reserve raising US rates...
Heritage Bank has described its recent Central Bank of Nigeria (CBN) suspension along with eight other banks from the foreign exchange transactions over alleged non remittance...
Central Bank of Nigeria (CBN) has directed commercial banks to conduct Know Your Customers’ Businesses (KYCB) to ensure customers do not transact illegal or illicit remittances...
Global stocks traded lackluster this week with most major markets oscillating between losses and gains as anxiety ahead of Friday’s Jackson Hole gathering forced investors to...
The Naira fell to an all-time low of 409 to the dollar on the black market on Thursday, compared with 402 the previous day, after the...
Nigeria displayed resilience this week by approving the three-year budget plan despite concerns remaining elevated over slowing growth which weighed heavily on sentiment. The Federal Executive...
Muhammadu Sanusi ll, emir of Kano, has said that the practice whereby Nigerian businessmen obtain dollars at official rate and resell at a higher rate at...
Central Bank of Nigeria (CBN) would soon begin to bar bank customers who issue dud cheques three times within a specified period from operating current accounts....
The Naira on Wednesday dipped further against the dollar closing at N402 to United States currency at the parallel market. The slide from N397 it closed...
Central Bank of Nigeria (CBN) has deleted the United Bank for Africa (UBA) from the list of nine deposit money banks (DMBs) banned from the foreign...