About N2.6673 billion was paid by importers into the commercial banks that are still awaiting foreign exchange cover from the Central Bank.…
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News
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Central Bank of Nigeria has sacked 120 staffers including a number of senior officials. Those affected by the purge, including assistant directors,…
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Banking and financial institution yesterday came under severe criticism for not facilitating the disbursement of the graduate loan scheme established to provide…
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Banks operating in the country has been urged by the chief of general staff, Vice Admiral Augustus Aikhomu to see the various…
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The Central Bank staffers will on February 18, go to the polls to elect members of the Joint Consultative Committee, the Central…
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Auditing firms across the country are now seriously lobbying for the accounting jobs with firms about to be privatised by the Federal…
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The pressure on the naira at the foreign exchange market might continue to mount and see further depreciation in value of the…
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The Federal Mortgage Bank has directed financed the construction of about 60,000 housing units since its inception as a building society in…
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Small and medium scale business entrepreneurs in Nigeria may staunchly resists the move by banks to own shares in them, investigation conducted…
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President Ibrahim Babangida has called for an urgent change of heart among the Nigerian businessmen, whom he accused of ‚Äúunwholesome business malpractices.‚Äù…
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An uneasy calm now pervades the Central Bank of Nigeria, CBN, working environment as staffers are poised for a show down with…
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Twenty-eight out of the thirty-three commercial banks operating in the country as at July 1987 reported to the Central Bank on their…
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The Central Bank of Nigeria, CBN, has directed all authorised dealers to send details of their foreign exchange transactions to the CBN…
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Stock brokers are having a tough time as business in stock have slumped since the deregulation of interest rates. Brokers now complain…
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Banks operating in the country are working frantically to met the January 18 deadline given to them by the monetary authorities to…