The Development Bank of Nigeria (DBN) is expected to kick off operations in 2017, with funding from Germany, France, the World Bank, and a few other financing institutions. According to…
Read More Germany, France, AfDB to fund Development Bank of Nigeria
Chidi Samuel The Central Bank of Nigeria has described as false and fabricated the allegations by a Civil Society Group, The Wailing Wailers, of sharp practices of Forex racketeering, manipulating…
Read More The wailers are enemies of Nigerian economy- CBN
Nigeria’s external reserves closed last year with a total balance of $25.84 billion – 30 December – showing a decline of $3.22 billion compared with $29.06 billion it stood as…
Read More External reserves declined by $3.22 bn in 2016 – CBN
Chidi Samuel The Nigeria Police, Rivers State Command say they have arrested a senior staff of Access Bank Plc, for his alleged involvement in a foiled armed robbery operation at…
Read More Access Bank staff involved in armed robbery of his bank
The Central Bank of Nigeria (CBN) has sold N172.85 billion ($550 million) at its first treasury bill (T-Bills) auction of the year with yields unchanged from the previous auction, held…
Read More CBN sells N173b T-Bills, fixed income securities’ yields rise
