The directive is contained in the Monetary, Credit, Foreign Trade and Exchange Guidelines for Fiscal Years 2016/2017 guidelines posted by...

New Telegraph reports that the CBN took the decision as Skye Bank has been deemed ‘unhealthy’ and is a measure to prevent a total...

The naira ended at 282.50, slightly weaker than the 281 naira to the dollar it first traded at on Tuesday, more than three hours after...

He gave the assurance while rendering his one year stewardship in the state to the people of Abia Central Senatorial District, as part of...

Hide quoted text In a statement issued yesterday, Fitch however warned that implementation of the new forex policy may present...

This was disclosed by the Director, Development Finance Department of the apex bank, Mudashiru Olaitan while speaking at the opening...

The Central Bank of Nigeria, CBN, on Wednesday declared that the exchange rate will henceforth be determined by the market. Speaking at a...

According to a statement issued by the Chief Press Secretary to the Governor, Enyinnaya Appolos, the State Commissioner for Agriculture,...

The committee stated this at the end of its 327th meeting at the headquarters of the CBN in Abuja The Managing Director, Standard...

The CBN Governor, Godwin Emefiele made this disclosure on Tuesday while addressing newsmen shortly after the end of the two day MPC...

Emefiele, who stated this at the weekend during a tour of the farmlands cultivated under the Anchor Borrowers’ Programme in Kebbi State,...

Emefiele disclosed this at the International Monetary Fund, IMF, headquarters in Washington. He said, “Truly, Nigerians really expect...

In a statement issued on Saturday by its acting Director of Corporate Communications, Mr. Isaac Okorafor, the apex bank maintained that...

Ali made the disclosure during a Consultative Forum between Customs and the Manufacturers Association of Nigeria (MAN) held at the...

The Governor said his administration was committed to transparency and public communication to turn away from the past maladies of...

Peoples Democratic Party, PDP, that it assisted the wife of the President, Aisha Buhari in forex trading. The apex bank appealed to...

Traders said the open buy-back (OBB) and overnight rate were quoted by banks at 20 per cent compared with 6.75 per cent and 7.33 percent...

Still in a bid to tighten money supply, the apex bank increased the portion of customers’ deposits that banks must keep as cash, known as...

The News Agency of Nigeria (NAN) reports that Abdul-Maleek took over from Justice Olayinka Faji who initially handled four of the seven...

This was contained in statement issued and signed by the party’s Publicity Secretary, Remi Olayiwola, in Akure. The party spokesman...