A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
THE Central Bank of Nigeria (CBN) is expected to intensify efforts to mop up liquidity from the banking system this week in response to inflow of N552 billion from matured treasury bills (TBs). Last week, the apex bank issued secondary market (Open Market Operations, OMO) TBs to mop up N316.23 billion from the interbank money market following the inflow of N375.98 billion from matured TBs
Read More The Central Bank of Nigeria (CBN) has extended the Nigerian Uniform Bank Account Number (NUBAN) scheme meant for banks to Other Financial Institutions (OFIs).
Read More THE Central Bank of Nigeria, CBN, has called on capital and money market participants to act with integrity, transparency and be non-discriminatory to be able to attract investors that would help boost the economy.
Read More THE moderation in cost of funds in the interbank money market is expected to persist this week in response to N376 billion inflow from maturing treasury bills (TBs). Last week, the Central Bank of Nigeria (CBN) mopped up N517.61 billion via secondary market (Open Market Operations, OMO) TBs auction.
Read More Report from the Central Bank of Nigeria, CBN, has revealed that two global giant banks, HSBC and UBS have closed their respective offices and shut down operations in Nigeria.
Read More The Central Bank of Nigeria (CBN) on Friday said it injected 337.16 million dollars in the retail Secondary Market Intervention Sales (SMIS) in its first intervention in the inter-bank foreign market for November.
Read More Three banks failed to meet the 30 percent liquidity ratio requirement of the Central Bank of Nigeria, CBN, even as investigations revealed prevalence of major foreign exchange malpractices in the banking industry.
Read More AKURE—THE Central Bank of Nigeria, CBN, yesterday said it has introduced financial literacy programme into the curriculum of secondary schools in the country.
Read More ABUJA- THE Senate, Wednesday expressed its disappointment over Federal government’s inability to settle the outstanding subsidy payment that now stands at over N863 billion, with tendency to go beyond that if not paid.
Read More THE Central Bank of Nigeria, CBN, in a bid to further strengthen financial institutions and reposition them to perform their statutory roles, has issued a new Code of Corporate Governance for Bureau De Changes (BDCs) in the country.
Read More A Federal High Court in Lagos has adjourned till Dec. 4, hearing in a dispute between MTN Nigeria and the Central Bank of Nigeria over alleged illegal repatriation of $8.1 billion by the telecoms company.
Read More ASSOCIATION of Bureaux De Change Operators of Nigeria (ABCON) has called for the support of the Central Bank of Nigeria (CBN) to enhance the operations of its live exchange rate website in order to improve transparency and stability in the nation’s foreign exchange market.
Read More As Nigeria’s attractiveness to foreign investors continue to dip with consequent withdrawal of billions in foreign investment, the Chartered Financial Analyst (CFA) Society Nigeria has said plans are underway to host investment conference that will address some of the challenges that hinder ease of doing business in the country.
Read More The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the use of trade protection as a monetary policy tool is good for resolving negative perceptions about any country.
Read More Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele Wednesday said that Nigeria should take a cue from the ongoing global trade way by adopting policies to protect the local economy
Read More