The Central Bank of Nigeria and MTN Nigeria Communications Limited have reached an out of court agreement on the $8.1 alleged illegal repatriation of fund. This...
Diamond Bank has been acquired by Access Bank according to insiders, who further revealed that the official announcement of the transaction will be made in the...
A federal high court in Lagos has adjourned the case between the Central Bank of Nigeria (CBN) and South African telecoms firm, MTN Group, following advanced...
EFCC Investigating Skye Bank Chairman, Ayeni The Economic and Financial Crimes Commission (EFCC) has released Tunde Ayeni, former chairman of Skye Bank Plc, after questioning him...
One more item , a fertilizer has been added by the Central Bank of Nigeria (CBN) `to the 41 items not eligible for foreign exchange (forex)....
President Muhammadu Buhari has lauded Nigerians for helping to save $ 21 Billion from food importation in the last 3 years. Nigeria saved $21bn on foreign food...
South African telecoms company MTN Group and Nigeria’s central bank are negotiating to settle a $ 8.1 billion dispute, lawyers said Tuesday when the Lagos court...
The Chief Executive Officer at MTN Group, Rob Shuter, has disclosed that the group will acquire an independent banking licence in Nigeria by 2019. The CEO of the...
Teleology, on Monday has announced the constitution of a new board of directors for the 9Mobile in Lagos, as it finally takes over the management and ownership...
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has described the report published to the United States Department of Agriculture (USDA) stating that Nigeria imported...
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele has said Nigeria leads other African countries in remittances inflow and is among the top five globally....
Report Reveals 3 Banks fall Short Of CBN’s Liquidity Ratio Conditions Three banks have failed to meet the 30 percent liquidity ratio requirement of the Central Bank...
John Bray, US consul general, and Laura Beaufils, British deputy high commissioner to Nigeria, have said foreign investors were discouraged by issues faced by MTN in...
Godwin Emefiele, governor of the Central Bank of Nigeria, says the move to restrict forex supply on 41 items including rice and toothpicks has aided the...
The Central Bank of Nigeria has increased the capital requirements for micro-finance banks in the country by 900 percent. #CBN releases Review of Minimum Capital Requirement...
Central Bank of Nigeria (CBN) has been asked to give a directive to commercial banks to increase the maximum amount customers can withdraw from automated teller...
Zainab Ahmed, minister of finance, has assured that all those responsible for the failure of Skye Bank will be prosecuted. The minister made this known on...
Currency hawkers and people who spray the Naira at parties would henceforth be arrested as the Central Bank of Nigeria (CBN) and commercial banks have resolved...
Following the order from the Federal Government to recall the second tranche of London and Paris Club refunds disbursed to five states, amounting to about $2.7...
Emefiele Warn Nigerians Against Pending Recession Godwin Emefiele, the governor of the Central Bank of Nigeria, has warned about the possibility of the country slipping into...