Banking and Finance

Unification of exchange rates will check illegal economic activities – ABCON President

THE president of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, shares, in this interview...
Ehime ALEX -

How central bank can contain financial stress, fight inflation – IMF

THE International Monetary Fund (IMF) says recent events have shown central banks and policymakers can deal with sizeable financial...
Ehime ALEX -

Stocks rally amid subsidy removal, investors gain N1.55trn in week

AMID the President Bola Tinubu administration's removal of fuel subsidy and its economic implications, the Nigerian stock market rallied...
Ehime ALEX -

CBN refutes devaluing naira to N630/$1

THE Central Bank of Nigeria (CBN) has debunked media reports it has devalued the country's currency, the naira, against...
Ehime ALEX -
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Nigeria Air: Kudos, knocks over aircraft arrival as controversies rage over age, ownership

THE Federal government has welcomed the Nigeria Air aircraft's arrival, which landed at the Nnamdi Azikiwe International Airport, Abuja,...
Ehime ALEX -

Cost of funds for businesses to rise as CBN raises interest rate to 18.5%

BUSINESSES in Nigeria will have to cope with a higher cost of sourcing funds as the Central Bank of...
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