Polaris Bank explains easy conversion of dollars to naira
Polaris Bank, one of Nigeria’s new generation banks, has outlined steps for converting dollars to naira at customers’ convenience.
Sterling bank commits N1 billion to Agro-innovators for ASA 2023
Sterling bank says it is commiting one billion naira to agro-innovators at the forthcoming Agric Summit Africa (ASA) holding in Nov. 8 in Lagos.
Nigerians call for FG’s intervention new monetary policy
Nigerians have called for an intervention from the Federal Government to ease the hardship and frustration being faced because of the new monetary policy introduced by the Central Bank of Nigeria (CBN).
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.
Emefiele directs banks to receive old notes
At last the Central Bank of Nigeria (CBN) has made a U-turn, directing that commercial banks in Nigeria should stop rejecting N200, N500, and 1,000 old naira notes.
Why CBN raises MPR from 18.75% to 22.75% – Cardoso
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by 400 basis points (bps)...
