How Currency Deal With China Will Boost Nigeria’s Economy – CBN
Business
284 views
Business
284 views

How Currency Deal With China Will Boost Nigeria’s Economy – CBN

PH - May 21, 2018

The Nigeria-China currency swap deal will not stifle local companies and make the country a dumping ground for Chinese goods, the Central Bank of Nigeria (CBN) said…

How Banks Exploit CBN’s Weakness To Impose Excessive Charges On ATM Users
Business
252 views
Business
252 views

How Banks Exploit CBN’s Weakness To Impose Excessive Charges On ATM Users

PH - May 17, 2018

An exclusive report by SaharaReporters revealed that many Nigerian banks are ripping off customers making withdrawals via Automated Teller Machines (ATMs) by setting low maximum single withdrawal…

How 2019 Elections Will Affect Nigeria’s Economy – CBN
Best of Nigeria
309 views
Best of Nigeria
309 views

How 2019 Elections Will Affect Nigeria’s Economy – CBN

MT - May 11, 2018

The Deputy Governor of the Central Bank of Nigeria, CBN, Aishah Ahmad, has cautioned politicians against too much spending as 2019 elections approaches. She said the anticipated…

What Customers Must Demand From Their Banks Monthly – CBN
Business
301 views
Business
301 views

What Customers Must Demand From Their Banks Monthly – CBN

PH - May 9, 2018

The Central Bank of Nigeria, CBN, has urged bank customers to demand for their statement of account monthly. Oludamola Atanda of the Consumer Education Division, Consumer Protection…

How Nigeria Will Benefit From Currency Swap Deal With China
Business
379 views
Business
379 views

How Nigeria Will Benefit From Currency Swap Deal With China

PH - May 4, 2018

The Central Bank of Nigeria (CBN) says the bilateral currency swap agreement with the Peoples Bank of China (PBoC) will help the liquidity issues faced by Nigerian…

CBN Seals $2.5bn Currency Swap with China’s Central Bank
Business
466 views
Business
466 views

CBN Seals $2.5bn Currency Swap with China’s Central Bank

PH - May 3, 2018

The Central Bank of Nigeria (CBN) has signed a $2.5 billion bilateral currency swap with the Peoples Bank of China (PBoC). Confirming the swap, which has taken…

At $47.3bn, Nigeria’s Foreign Reserves Hit Five-year High
Business
349 views
Business
349 views

At $47.3bn, Nigeria’s Foreign Reserves Hit Five-year High

PH - April 10, 2018

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, Monday said the country’s foreign exchange (FX) reserves had risen to $47.3 billion as of April 5. The…

Heritage Bank Empowers 5, 544 Pupils On Financial Literacy To Secure Economy
Business
491 views
Business
491 views

Heritage Bank Empowers 5, 544 Pupils On Financial Literacy To Secure Economy

PH - March 27, 2018

As part of efforts to support the Central Bank of Nigeria’s Financial Literacy Day, which marks the Global Money Week, Heritage Bank Plc empowered 5, 544 (pupils…

CBN Injects Fresh $210m Into Forex Market
Business
452 views
Business
452 views

CBN Injects Fresh $210m Into Forex Market

PH - March 13, 2018

The Central Bank of Nigeria (CBN), in its quest to guarantee the availability of forex for customers’ needs in various segments of the market, has injected another…

Nigeria Now Out Of Recession – IMF
Business
661 views
Business
661 views

Nigeria Now Out Of Recession – IMF

PH - March 8, 2018

The International Monetary Fund (IMF) on Wednesday welcomed Nigeria’s exit from economic recession and lauded its strong recovery in foreign exchange reserves. IMF said this in a…

Banks Deliberately Flood Market With Dirty Naira Notes – CBN Exposes
Best of Nigeria
353 views
Best of Nigeria
353 views

Banks Deliberately Flood Market With Dirty Naira Notes – CBN Exposes

MT - January 10, 2018

Commercial banks operating in the country have been accused of deliberately flooding the market with dirty Naira notes, which have become an eyesore to citizens. This is…

9mobile Sale Deadline Extended To January 16
Business
345 views
Business
345 views

9mobile Sale Deadline Extended To January 16

PH - January 4, 2018

The conclusion of the sale process of 9mobile has been postponed till January 16, 2018, by both the Central Bank of Nigeria and the Nigerian Communications Commission.…

Apostle Amaukwu Releases His 2018 Prophecies For Nigeria
Politics
469 views
Politics
469 views

Apostle Amaukwu Releases His 2018 Prophecies For Nigeria

PH - December 28, 2017

The President and founder of the Excellent Christian Ministry Int’l Inc, Apostle Dr. Ogochukwu T. Amaukwu has released his 2018 prophecies for Nigeria. In the prophecies he…

CBN Weakens Naira To 307/US$ For First Time
Business
340 views
Business
340 views

CBN Weakens Naira To 307/US$ For First Time

PH - December 5, 2017

Nigeria’s central bank on Monday weakened the naira marginally, selling dollars at 307 naira each for the first time on the official interbank market, in what traders…

The Inaccuracies and Assumptions About My Role in Power Ministry
Business
415 views
Business
415 views

The Inaccuracies and Assumptions About My Role in Power Ministry

PH - November 14, 2017

Nigeria's Power Minister, Babatunde Fashola, in an interview published by the Nation has attempted to correct perceived assumptions made about his role in the ministry. "There was…

How DPR and CBN Diverted $950m Oil Royalty
Business
377 views
Business
377 views

How DPR and CBN Diverted $950m Oil Royalty

PH - November 13, 2017

An ad hoc committee of the House of Representatives on Sunday accused the Department of Petroleum Resources and the Central Bank of Nigeria of keeping $950m in…

REVEALED: How Dismissed Soldiers Robbed Kidnappers Of CBN Gov’s Wife, Steal Ransom
Shocking
349 views
Shocking
349 views

REVEALED: How Dismissed Soldiers Robbed Kidnappers Of CBN Gov’s Wife, Steal Ransom

PH - November 5, 2017

A 29-year-old native of Gombe State, Musa Maidabara, had spent just six years in the Nigerian Army. But he saw his chance of becoming rich one afternoon.…

Naira Hits 363 Per Dollar As CBN Pumps $195m Into FX Market
Business
349 views
Business
349 views

Naira Hits 363 Per Dollar As CBN Pumps $195m Into FX Market

PH - October 6, 2017

Nigerian naira appreciated to 363 naira to the dollar at the parallel market as Central Bank of Nigeria, CBN, continues to mop up liquidity in the forex…

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