Banking and Finance

FX code: CBN sets January 31 deadline for submission of compliance report

THE Central Bank of Nigeria (CBN) has asked participants in the foreign exchange market to submit compliance reports to...
Ehime ALEX -

Bank stocks drive investors’ gain to N794 billion in one week

TRADING activities in the Nigerian stock market rebounded in the just-concluded week, driven by bank shares and leaving investors...
Ehime ALEX -

CBN approves release of FX code to promote market participation

THE Central Bank of Nigeria (CBN) said it has approved the release of the Nigerian Foreign Exchange (FX) Code. It...
Ehime ALEX -

CBN launches payment solutions to track MDA spendings, promote digital documentation

THE Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has launched two policy initiatives -  the document...
Harrison EDEH -
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CBN fines Fidelity, Union, First Bank, others for failing to dispense cash

FIDELITY, First Bank, Keystone Bank, and Union Bank Plc have been sanctioned by the Central Bank of Nigeria (CBN)...
Harrison EDEH -

Otedola-Obiagbena face-off over $225.8m loan dispute unsettle investors

THE ongoing battle between the owner of General Hydrocarbons Limited (GHL), Nduka Obaigbena, and the chairman of FBN Holdings...
Ehime ALEX -
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