The Central Bank of Nigeria (CBN) has disclosed that the Capital Adequacy Ratio (CAR) of commercial banks has improved from the 10.79 percent as at August...
No Room For Arbitrage Opportunities In The Foreign Exchange (FX) Market CBN Warns Though at a total of N946.90 billion, the federal government’s non-oil revenue was below...
The President of Dangote Group, Alhaji Aliko Dangote, has said premium motor spirit (PMS) or petrol that will be refined from Dangote Refinery will not be...
The Central Bank of Nigeria, at the end of its Monetary Policy Committee (MPC) meeting on Tuesday in Abuja, left the Monetary Policy Rate (MPR) unchanged...
CBN Wants More Items Included In Forex Ban List Indications have emerged that the Central Bank of Nigeria may soon increase the items on the foreign...
Ahead of the first 2019 monetary policy meeting, a financial expert predicts that the Central Bank of Nigeria (CBN) will not reduce the Monetary Policy Rate...
The Central Bank of Nigeria and the Securities and Exchange Commission have on Tuesday given approval, in principle, to the proposed merger plans of Access Bank and Diamond...
Mr. Dele Babade has been appointed by Diamond Bank Plc as the successor to Mr. Oluseyi Bickersteth, who recently resigned as a director and chairman of the bank....
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...