CBN stops ad hoc CRR debits on banks
The Central Bank of Nigeria (CBN) on Friday declared a significant shift in its approach to Cash Reserve Requirements (CRR)...
The Central Bank of Nigeria (CBN) on Friday declared a significant shift in its approach to Cash Reserve Requirements (CRR)...
The naira pared some of its recent losses against the dollar on Thursday as markets digested the latest policy decisions...
The Central Bank of Nigeria (CBN) has established a minimum operating capital requirement for International Money Transfer Operators (IMTOs) at...
Nigeria’s currency is recovering from its losses against the United States dollar at the parallel and official markets after the...
The pressure on the foreign exchange (FX) market is beginning to ease as the naira recovered after commercial banks offloaded...
The naira on Thursday appreciated against the dollar for the second straight day since the increase in the Monetary Policy...
… Banks’ future FX gains at risk The new foreign exchange (FX) rule released on Wednesday by the Central Bank...
The Central Bank of Nigeria (CBN) on Wednesday said the Net Open Position (NOP) limit of banks’ overall foreign currency...
In a groundbreaking move that signals a new era of financial dominance, United Bank for Africa (UBA) Plc has achieved...
To curb the huge disparity between the official and the parallel market, a capital market analyst, David Adnori, has called...