The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso says the bank’s decision to implement the Electronic Foreign Exchange Matching System (EFEMS) is rooted in the understanding that…
Read More CBN committed to fair, efficient markets – Cardoso
Nigeria has officially commenced the sales of crude oil and refined petroleum products in naira, the Federal Government has announced. The Minister of Finance and Coordinating Minister of the Economy,…
Read More Nigeria officially begins sale of crude oil in Naira
A former minister of power, who later served as governor of Cross River State, Senator Liyel Imoke, on Thursday, in Lokoja, stated that alleged “expenditure” of a phantom $16 billion…
Read More Alleged expenditure of a phantom $16b delayed Nigeria’s power sector reforms – Imoke
FirstBank has announced the full restoration of services on Firstmobile, its mobile banking platform, following a downtime earlier this week which occurred following a recent upgrade of the mobile banking…
Read More Enhanced Digital Banking: FirstBank unveils improved FirstMobile
The Central Bank of Nigeria (CBN) says it sold 543.5 million dollars to authorised dealer banks between Sept. 6 and Sept. 30. According to a statement by Omolara Duke, director,…
Read More CBN sold $543.5 million to banks in September to stabilise forex market – Official