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Anxiety as withdrawal, deposit charges begin
No Comments 513 Views | by Liz Ajala
Financial inclusion, cashless projects may suffer Banks to blame for parallel market rate rebound CBN to inject to more forex this week Read More…
UPDATE: Nigerians studying abroad, others to benefit from new CBN policy
No Comments 599 Views | by Liz Ajala
The Central Bank of Nigeria, CBN, has explained that its new foreign exchange policy is to cushion the hardship faced by Nigerians in paying school fees abroad, medical bills and travel expenses. Read More…
Excess Forex demand weighs down Naira
No Comments 272 Views | by Liz Ajala
Pressures on the external sector seem persisting as outstanding foreign exchange demand on Forwards Contracts is now put at about USD4 billion despite several auctions by the Central Bank of Nigeria, CBN, to bring it down. Read More…
Why Reps may order arrest of CBN Governor, AGF
No Comments 501 Views | by Liz Ajala
The House of Representatives has explained why it may issue warrant of arrest on the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele and the Accountant-General of the Federation (AGF), Mr Ahmed Idris over oil licenses. Read More…