CBN continues intervention in Forex market
Oru Leonard The Central Bank of Nigeria (CBN) has continued its intervention in the inter-bank sector of the Foreign
Read more
BANKING
AfDB approves US$14.12 million to support Nigeria’s membership in ATI Agency
The African Development Bank Group (AfDB ), through its Trade Finance operations, has approved a US$14.12 million facility
Read more
World Bank President Jim Yong Kim announces resignation
AFP World Bank President Jim Yong Kim addressing to the Annual Meetings of the Boards of Governors of
Read more
E-payment transactions hit N56.85tr- report
Report from the Nigerian Interbank Settlement System (NIBSS) have indicated that Nigeria’s electronic payment (e-payment) services, recorded transactions
Read more
CBN Makes First Forex Intervention in 2019
By Oru Leonard The Central Bank of Nigeria (CBN) on Friday, January 4, 2019, made its first intervention in the
Read more
CBN intervenes in FOREX Market After The Xmas and Boxing Day Festivities
by Oru Leonard The Central Bank of Nigeria (CBN) on Thursday, December 27, 2018, intervened in the inter-bank sector of
Read more
Afreximbank, AGF Sign $30m Facility for African SMEs
The African Export-Import Bank (Afreximbank) and African Guarantee Fund (AGF) have signed an agreement for a $30 million re-guarantee
Read more
Diamond Bank Appoints Babade Acting Chairman
Diamond Bank Plc on Thursday notified the Nigerian Stock Exchange (NSE) that following the recent resignation of Mr. Oluseyi
Read more
CBN, MTNN Reach Amicable Resolutions on $8.1B Forex remittances
by Oru Leonard The Central Bank of Nigeria (CBN) and the MTN Nigeria Communications Limited (MTNN), has finally resolved Issues
Read more
CBN Injects another $299.82m, CNY 143.60m into Retail SMIS
by Oru Leonard The Central Bank of Nigeria (CBN) on Friday, December 14, 2018, made a forex intervention
Read more