CBN

CBN sanctions 12 banks for ‘frustrating’ small businesses

The Central Bank of Nigeria (CBN) has barred at least 12 deposit money banks (DMB) from the SME window of the foreign exchange market...
Nigeria Breweries

Naira devaluation putting pressure on prices, says Nigeria Breweries

Nigerian Breweries, the pioneer brewing company in Nigeria, says the devaluation of the naira has been putting pressure on import prices. The company revealed this...
Air Peace

Air Peace Loses N3bn To Three Damaged Aircraft

Lagos – The management of Air Peace has disclosed that the airline lost over N3 billion on two of its aircraft involved in wing tip...
New Business

New Business Registration In Nigeria Just Got Easier

The Presidential Ease of Doing Business panel has reduced the number of days required for registration of a new business in Nigeria from 10...

Average Salaries For 145 Jobs In The United Kingdom

The Sun UK released a research carried out by UK National statistics office some jobs and their average wage for 145 professions. The study shows the...
current Account

5 reasons why you should have a current account

Many people will prefer to open a savings account. But having a current account is essential to manage your money on a regular basis....
$43.45m Cash

Apex Bank Restores Calm In FOREX Market As Dollar Demand Slumps

The efforts of the the Apex bank (Central Bank of Nigeria) is aimed at ensuring stability in the foreign exchange market may have started...
Keystone Bank

Keystone Bank Sold To A Nigerian Investors For 25 Billion Naira

Keystone Bank Limited, one of the banks acquired by Central Bank of Nigeria under the leadership of Sanusi Lamido Sanusi in 2009, has been...
Nipost

FG Splits NIPOST Into 7 Zones, 6 Business Units

The federal government has split the Nigerian Postal Service (NIPOST) into seven zones and six commercial business units. A statement on Monday by NIPOST spokesperson,...
CBN

FOREX: CBN PUMPS ADDITIONAL $100M INTO MARKET

The Central Bank of Nigeria on Tuesday injected another sum of $100m into the interbank foreign exchange market, its acting Director, Corporate Communications, Isaac...
CBN

Forex: CAN CBN SUSTAIN THE BLACK MARKET ONSLAUGHT? ~ By Omoniyi

Forex: CAN CBN SUSTAIN THE BLACK MARKET ONSLAUGHT? ~ By Omoniyi Akinsiju With the dramatic appreciation of the Naira against the dollar and other major...
CBN

‘These Are The Real Reasons Why The Naira Appreciated’ – CBN

The Central Bank of Nigeria said the recent appreciation of the Naira against other currencies was the result of its market monitoring and intervention. The...