Why ABCON cautions BDCs on regulatory infringement
The Association of Bureau De Change Operators of Nigeria (ABCON) has cautioned Bureau De Change (BDC) operators on the need to abide by extant...
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.
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.
Again naira appreciates against U.S dollar on I&E window
Again naira appreciates against U.S dollar on I&E window
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.
Cross River residents storm banks in search of money
Calabar, Feb. 6, 2023: Residents of Calabar city in Cross River state, on Monday stormed the various commercial banks in search of cash.
