CBN provides guidelines for Nigeria, China currency swap
The Central Bank of Nigeria, CBN, yesterday, released guidelines for the Nigeria and China currency swap deal. DAILY POST had recently...
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Naira falls against dollar at parallel market
The Naira, on Wednesday, fell by one point exchanging at N361.5 to the dollar at the parallel market in Lagos. The Nigerian currency had...
CBN reduces cost of Dollar to Bureau de Change
The Central Bank of Nigeria, CBN, has reduced the rate at which it sells dollars to Bureau de Change, BDCs, from N357 per dollar to N360....
FIRS resumes raid in Lagos, seals companies
The Federal Inland Revenue Service (FIRS) on Monday, sealed off two the premises of three companies in Lagos for failure to pay taxes....
Nigerian government reveals number of bad debtors gone into hiding
The Federal Government has said that over 5,000 debtors in the country have gone into hiding, with some of them changing their addresses....
CBN injects fresh $331m into forex market
The Central Bank of Nigeria (CBN) on Friday sold a total of $331.41million to players in different sectors in the Retail Secondary Market...
FCMB launches education advisory services for overseas studies
Leading financial services provider, First City Monument Bank (FCMB), on Thursday, May 31, 2018 unveiled a scheme tagged, ‘’FCMB...
CBN injects $210m into forex market
The Central Bank of Nigeria (CBN) yesterday further intervened in the forex market by supplying the inter-bank foreign exchange market...
Nigeria’s debt not alarming – Kemi Adeosun
The Minister of Finance, Mrs. Kemi Adeosun, has said that the International Monetary Fund, IMF, is not worried in anyway about Nigeria’s...
Senate confirms four out of five CBN non-executive directors
The Nigerian Senate has confirmed four out of five non-executive director nominees for the Central Bank of Nigeria, CBN, who were...
Nigerian economy: What we did during Jonathan govt – Okonjo-Iweala
Minister of Finance, Dr Ngozi Okonjo-Iweala, on Friday said part of what the Goodluck Jonathan administration did to improve the Nigerian...
FSD Africa pledges greater support for Diamond Bank’s financial inclusion projects
The Financial Sector Development for Africa, (FSD Africa) an agency funded by the United Kingdom Government through UK Aid has reiterated...
FCMB produces more millionaires in first draws of ”Millionaire Promo Season 5’’
The first draws of First City Monument Bank’s (FCMB) latest bumper reward scheme, tagged, ‘ ’FCMB Millionaire Promo Season 5 ”, took...
HMD Global partners with Techpoint Inspired 2018
As part of efforts to encourage technological innovation and motivate tech startups in Nigeria, HMD Global, the home of Nokia phones,...
How pork can provide solution to unemployment saga
There is a wide range of opinions with respect to jobs in Nigeria; the availability of jobs, employment rate, employable youths, economic...
FAAC shares N701bn among FG, States, LGs in April [Details]
The Federal Government, states and local governments shared N701 billion as revenue for the month of April, the Permanent Secretary,...
2018 budget: How Buhari will treat appropriation bill when transmitted by NASS – Udoma
The Minister of Budget and National Planning, Udo Udoma, on Wednesday disclosed that the National Assembly was yet to transmit the 2018...
FCMB inspires customers with “Pursue your aspirations” thematic campaign
First City Monument Bank (FCMB) recently took another bold step to deepen its history of excellence and consolidate its position as one...
2018 budget: Nigerian govt speaks on taking more loans
Patience Oniha, Director-General of Debt Management Office (DMO), has stated that the federal government must take loans to fund the 2018...
Naira crashes against dollar at parallel market
The Naira on Friday depreciated against the dollar at the parallel market in Lagos. The News Agency of Nigeria, NAN, reports that the...
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