FCMB Group Plc has announced the retirement of Peter Obaseki, a director, from its board. In a notification filed by the firm at the Nigerian Stock...
Central Bank of Nigeria (CBN) defended the naira in six months with $10.3 billion intervention in the inter-bank foreign exchange market, its half-year report has shown....
Arrangement is being made to enable the Dangote Refinery to sell refined crude to Nigeria in naira when it commences production, Godwin Emefiele, governor of the...
Federal government plans to hire an asset manager for its new Infrastructure Development Company (Infraco), designed to raise as much as N15 trillion ($36.7 billion) for...
Deposit Money Banks have continued to reduce their borrowings from the Central Bank of Nigeria (CBN). The CBN attributed this new development to excess liquidity in...
Central Bank of Nigeria (CBN) has directed banks to automatically open dollar bank accounts for their customers who do not have domiciliary in order to facilitate...
Securities and Exchange Commission (SEC) has disclosed that there is no policy conflict between itself and the Central Bank of Nigeria (CBN) over the ban placed...
Abubakar Malami, SAN, attorney-general of the federation and minister of justice, has given reasons the federal government was yet to obey the court order to unfreeze...
Central Bank of Nigeria (CBN) has directed commercial banks to accept Machine Readable Travel Documents (MRCTD) and Refugee Identification Card, as means of identification for transactions....
Federal High Court sitting in Abeokuta, Ogun State capital, has dismissed a suit instituted by Olumide Babalola, lawyer, challenging the Central Bank of Nigeria (CBN) policy...
