Barclays monday announced that it would remove Nigeria’s sovereign debt from its emerging markets local currency government bond benchmark from February 1, 2016. The announcement came...
The Naira on Friday depreciated further at the parallel market as buyers of forex boycotted Bureau de Change Operators (BDCs). The naira on Friday afternoon lost...
The Central Bank of Nigeria has been advised against becoming a tool in the hands of the ruling All Progressives Congress in the release of bailout...
Following the expiration of the October 31st deadline for the registration for Bank Verification Number, the Central Bank of Nigeria has announced that the process will...
Bank customers that are unable to obtain their bank verification numbers (BVNs) before the close of business this Friday would not be able to operate such...
The Central Bank of Nigeria (CBN) yesterday dismissed the call for further devaluation by the Emir of Kano, and immediate past Governor of the bank, Mallam...
The Bankers’ Committee, an umbrella body of managing directors of deposit money banks in the country and directors of the Central Bank of Nigeria (CBN), has...
The possible resignation of the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, should not come as a surprise to Nigerians. A source told DAILY POST...
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned that the country’s economy could slip into recession by next year if proactive...
Nigeria continued to reel from the impact of the decision by US investment bank JP Morgan & Chase to phase out Nigerian bonds from its indexes,...
Nigeria’s banking industry may soon begin another round of retrenchment following the expiration of the September 15 deadline for compliance with the its Treasury Single Account (TSA)...
The Kwara State Governor, Alhaji Abdulfatah Ahmed has directed the immediate payment of the outstanding two months salary to civil servants in the state. Governor Ahmed’s...
