The Central Bank of Nigeria ( CBN ) has reinstated the nine banks that were recently suspended from the foreign exchange market. They…
Finance
-
-
Nigeria’s revenue from crude oil sales dropped lower to N1.203 trillion in the first half of 2016. It dropped by N577 billion…
-
Ahead of 2017 budget, the Federal Government yesterday commenced the training of planning and budget officers of 800 Ministries, Department and Agencies…
-
Equity transactions on the Nigerian Stock Exchange (NSE) resumed for the week on Monday on a bearish trend as the market capitalisation…
-
Equity transactions on the Nigerian Stock Exchange (NSE) closed on bearish note on Thursday as market capitalisation depreciated by N172 billion or…
-
A new Managing Director (MD) has been appointed for the National Economic Reconstruction Fund (NERFUND). He is Dr. Ezekiel Oseni. The Permanent…
-
Diamond Bank Plc has reassured its customers of enhanced quality service delivery and commitment to meet its banking obligations despite the announcement…
-
Central Bank of Nigeria has lifted its suspension and readmitted United Bank of into the foreign exchange market. A statement by the…
-
BusinessEconomyFinanceNews
Banks forex suspension: blame game galore as naira falls to N402 per dollar
A heated blame game is trailing the suspension of nine banks from the foreign exchange market as a result of non remittance…
-
The President of Manufacturers Association of Nigeria (MAN), Mr Frank Jacob, says in spite of the current economic recession in Nigeria, the…
-
The Central Bank of Nigeria CBN, yesterday suspended nine banks from further dealing in foreign exchange transactions, until they remit all outstanding…
-
***Diamond, Skye Bank, First Bank, Keystone, others fingered The Central Bank of Nigeria CBN, yesterday suspended nine banks from further dealing…
-
The Nigeria Deposit Insurance Corporation (NDIC) has recommitted to the realization of the Financial System Strategy (FSS 2020), the initiative aimed at…
-
Some major blue chips on the Nigerian Stock Exchange (NSE) on Tuesday recorded price depreciation as a result of profit taking by…
-
First Bank of Nigeria Limited, Nigeria’s most valuable banking brand and foremost financial institution, today announced the appointment of Mr. Patrick Iyamabo…