CBN Enhances Forex Market With $210 Million
Yemisi Izuora The Central Bank of Nigeria (CBN) on Tuesday, injected the sum of $210 million in the inter-bank foreign exchange market. Figures obtained from the CBN indicate that the…
Money Market
Money Market
Access Bank Not Planning To Take Over Diamond Bank
Yemisi Izuora Access Bank has denied engaging in any discussion with Diamond Bank or any other institution with the intention of buying it. The bank was reacting to a national…
Heritage Bank Advocates For More Govt, Banks’ Support In Agriculture Sector
Heritage Bank Plc has called on government at all levels and deposit money banks to increase supports in agriculture, as it is the most resilient and important sector of Nigerian…
CBN’s New Policy To Create Credit Access To Women SME’s
Yemisi Izuora The Central Bank of Nigeria (CBN), said its intervention is helping to create enabling policies and making business enterprises grow across various strata of the economy. Particularly, some…
Currency Mutilation: Offenders Risks Jail As CBN Introduces Mobile Courts
Yemisi Izuora As part of measures to preserve the local currency, the Central Bank of Nigeria planning introduction of mobile courts across the country to try people that mutilate or…
AfDB: Nigeria’s Energy Delivery Poor Despite Huge Capital Injection
Yemisi Izuora/Agency Report The African Development Bank (AfDB), has identified some failures in the ongoing energy reforms in Nigeria and observed that despite huge capital injection, the Power Sector development…
Fidelity Bank Customers Rewarded At Lagos Trade Fair
Yemisi Izuora Fidelity Bank has rewarded its loyal customers with cash prices at the Lagos International Trade Fair (LITF). Four school children benefitted from the SWEETA loyalty scheme with a…
850,000 Nigerian Farmers Integrated Into Financial System
Yemisi Izuora The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has disclosed that over 850,000 small holder farmers have been integrated into the mainstream financial system through…
CBN Says Nigeria Leading Other African Countries In Remittances
Yemisi Izuora The Central Bank of Nigeria, CBN, has asserted that Nigeria is topping other African countries in remittances of inflows and is among the top five globally. Governor of the…
CBN Resolves 3,890 Complaints Against Banks In Six Months
Yemisi Izuora The Central Bank of Nigeria (CBN), said it has resolved a total of 3,890 complaints against banks and other financial institutions in the first six months of this…
