The central bank of Nigeria has warned that bank chiefs who breach its e-payment reporting rules, including submitting/reporting false or inaccurate reports, are to be punished for flaunting its guidelines.…
Read More CBN says that bank’s CEO’s will be punished over false reports
In continuation of its periodic intervention in the foreign exchange market, the Central Bank of Nigeria (CBN) on Tuesday, January 29, 2019, injected another sum of $210 million into the…
Read More Forex: CBN Injects $210m into Inter-Bank Market
A new African free trade area could be just weeks away as the last few countries ratify an agreement signed last year. The plan to boost intra-African trade by half…
Read More Davos: Africa boosts free trade while global barriers go up
Transparency International Nigeria has said the TraderMoni scheme, a collateral-free loan initiative targeted at petty traders and artisans as part of the National Social Investment Programme of the Federal Government,…
Read More TraderMoni, a form of vote buying, says Transparency International
Following its maiden Monetary Policy Committee (MPC) meeting for 2019, the Central Bank of Nigeria (CBN) on Friday, January 25, 2019, injected the sum of $289.76million into the retail Secondary…
Read More Forex Intervention: CBN injects $289.76m, CNY 38.70m into Retail SMIS