‘Nigeria’s Currency Very Volatile’— Former CIBN Boss Explains Why Prices Of Goods…
A former President of the Chartered Institute of Bankers of Nigeria, Prof. Segun Ajibola, has said that the…
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Browsing Tag
Central bank bank nigeria
Dollar May Sell Below N1,000 As CBN Releases Fresh Forex To BDCs
The Naira may sell below N1000 as the Central Bank of Nigeria has communicated to Bureau de Change Operators about…
The Naira Abuse Palaver, By Dakuku Peterside
There is no disputation that Naira abuse or more specifically the act of spraying money at social events has…
First Bank Cancels Extraordinary Meeting Amidst MD’s Resignation
First Bank Holdings Plc has cancelled its extraordinary general meeting amidst the resignation of its Managing…
GTBank To Raise $750m From Bond, Shares For CBN’s New Capital Requirement
Nigeria’s first-tier lender, Guaranty Trust Holding Company Plc is seeking shareholders' approval to raise $750m…
Nigeria’s Tier-One Banks Battle For Dominance As Assets Hit All-Time High Of…
Nigeria’s tier-one banks have set a new record by growing their assets to N94.22tn which is the equivalent of…
Why We Excluded Retained Earnings From Banks Capitalisation Requirement- CBN
The Director of the Financial Policy and Regulatory Department (FPRD) at the Central Bank of Nigeria (CBN), Haruna…
BDC Operators Count Losses As Dollar Crashes To N1,130
Bureau de Change operators in Nigeria are counting losses after the naira gained N770 between February 21 and…
CBN Crashes Dollar Further To N1,117.5/$ With Fresh FX Sales To BDCs
The Central Bank of Nigeria has again crashed the dollar to N1,117.5 with another sale of foreign currency (FX) to…
Nigeria’s Forex Reserves Lose $693.5m After CBN Resumption Of Dollars Sales To…
Nigeria’s gross foreign exchange reserves have shed at least $693.5m since the Central Bank of Nigeria resumed the…