Agent Banking: Operators protest excessive service charges, others
AGENTS of Financial Institutions and Mobile Payment Operators have called for the intervention of the Central Bank of Nigeria (CBN) to address the challenges of excessive service charge and inadequate funding plaguing the agent banking system.
Financial experts task CBN on forex liquidity to sustain stock rally
Some financial experts on Sunday called on the Central Bank of Nigeria (CBN) to ensure continuous liquidity in the foreign exchange market to sustained the bullish trend on the Nigerian Stock Exchange (NSE).
Economist tasks CBN on foreign exchange intervention to sustain Naira appreciation
An economist, Mr Charles Mordi has urged the Central Bank of Nigeria (CBN) to continue to inject Foreign Exchange (forex) into the market to sustain current appreciation of the Naira Mordi, a former Director of Research at CBN said this in an interview with the Newsmen on Thursday in Abuja. He said that the current […]
Senate moves against CBN over alleged financial recklessness
THE Senate, yesterday, moved to check alleged financial recklessness on the part of the Central Bank of Nigeria, CBN, on intervention fund spending every year.
CBN moves to shore up forex earnings
The Central Bank of Nigeria (CBN) has directed all exporters to strictly comply with the Foreign Exchange Manual, as it introduces Form NXP with a view to taking advantage of all exports in the push for increased foreign exchange earnings into the nation’s economy.
Encourage corporate clients to join FMDQ forex trading -CBN
The Central Bank of Nigeria (CBN) has directed authorised dealers to encourage corporate clients to join the FMDQ system for forex trading.
The bank gave the directive in a circular issued by CBN Director, Financial Markets Department, Dr Alvan Ikoku.
