Details of CBN guideline on school fees, Personal Travelling Allowance PTA and medicals emerged yesterday as banks started to intimate customers of…
Finance
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Central Bank of Nigeria Tuesday injected a total of $370.9 million into the foreign exchange market ignorer to make foreign exchange readily…
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Federal Government of Nigeria wants to borrow $1 billion from the World Bank and sign within months a $1.3 billion loan from China…
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Minister of finance Mrs Kemi Adoesun has said that two Nigerian banks are yet to remit Ministries, Department and Agencies of the…
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FCMB Group Plc has announced the re-organisation of its leadership at the Group level, as well as its flagship company First City…
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BusinessFinanceNews
CBN releases new foreign exchange policy, directs banks to open retail outlets at airports
By omoh Gabriel Central Bank of Nigeria has modified its foreign exchange policy. In a release signed by the Bank Acting Director…
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Nigeria’s National Economic Council an economic advisory body has asked the Central Bank of Nigeria CBN to review its foreign exchange policy. This is…
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African Development Bank AfDB, said it has disbursed an equity investment of $8.2 million in Shelter Afrique, a Development Finance Institution investing…
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The Central Bank of Nigeria said it was not queried by the Attorney General of the federation on foreign exchange sale as…
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The Asset Management Corporation of Nigeria on said Arik Air and the other firms belonging to its principal promoter, Johnson Arumemi-Ikhide, was…
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Central Bank of Nigeria (CBN) has said that it disbursed a total sum of $2.83 billion to intervene in the foreign exchange…
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Nigeria’s Debt Management DMO, said it has raised N160 billion bonds at its second debt auction this year at yields lower than…
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Fitch Ratings has revised the Outlook on 4 Nigerian banks to Negative from Stable and affirmed the Long-Term Issuer Default Ratings (IDRs)…
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African Export-Import Bank (Afreximbank) and Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group have signed a memorandum of understanding (MOU)…
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Treasury Single Account (TSA) now has a total of N5.2trillion since its implementation started in October 2015. The Accountant General of the Federation,…