CBN moves to restore investor confidence, begins clearance of FX
The Central Bank of Nigeria (CBN) has started clearing backlogs of foreign exchange (FX) forward contracts through some banks as part of efforts to rebuild confidence in the Nigerian economy.
The Alternative Bank welcomes Gambian delegation from BSIC
Nigeria’s largest ethical bank, The Alternative Bank (TAB) has taken steps to extend its reach beyond the shores of Nigeria with its hosting of an executive delegation from Banque Sahelo-Salarienne pour l’Investissement et le Commerce (BSIC), a Gambian bank.
Why FG has no intention of borrowing – Finance Minister
The Minister of Finance and Coordinating Minister of the Economy, Chief Wale Edun has said that the Federal Government has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation.
Afrexinsure to accelerate devt. of specialty insurance in Africa–Afreximbank
Afrexinsure to accelerate devt. of specialty insurance in Africa--Afreximbank
CIBN inaugurates smart hub at NAU to empower aspiring bankers
The Chartered Institute of Bankers of Nigeria (CIBN), on Tuesday inaugurated a smart hub, named ‘CIBN Bankers Hall’, at Nnamdi Azikiwe University (NAU), Awka, to train and produce chartered bankers.
CBN increases interest rate to 18.50%
The Central Bank of Nigeria (CBN) has again increased the monetary policy rate (MPR) by 0.50 per cent to 18.50 per cent.
