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Tuesday, September 19, 2017
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Why Nigeria spies are chasing black market currency operators.

In recent times, secret police have been deployed by the government to raid black market operators selling and buying forex. Many are confused about...

Union Bank to raise N50billion: Why you should be concerned.

Union Bank of Nigeria Plc is planning to raise as much as 50 billion naira ($159 million) in a share sale to existing investors...

Naira surges as CBN intervenes in interbank market

Some of the naira past day's loss has been trimmed on the interbank forex as it flips over to N 314.75 to the dollar...
Nigeria CBN governor

The state of Nigerian Banks.

CBN has again sought to assure Nigerians of the safety of Nigerians, partly to douse tension arising from CBN takeover of Skye Bank Nigeria...

Value of Naira to USD by end 2016.

If you can predict the value of Naira against the major international currencies, particularly the US Dollars(USD), you can make yourself good bucks before...
dollar bills

CBN injects dollars into banking system

In an effort to actively manage the exchange rate of Naira to other major currencies, CBN on Friday injected dollars into the system. This...
Bank-of-Industry

Nigeria’s Financial Reporting Council Probes Stanbic IBTC.

Financial Reporting Council  is investigating Stanbic IBTC bank over allegedly wrongful disclosure of fees owed to its parent firm, South Africa's Standard Bank. Shares...
Money profile

Banks Begin Massive Sack Over Treasury Single Acct

Read this carefully if you are working in a bank. Banks have concluded plans to lay off staff as a result of the recent...

Nigeria’s FX reserves up at $31.89 billion, as Economy shows gradual recovery -Emefiele

Nigeria's foreign exchange reserves have begun a "gradual recovery" thanks to the central bank's management of dollar demand and the government's effort to plug...
storage bulb

BoI Invests N75.8m in renewable energy Providers

The Bank of Industry (BoI) has disbursed the sum of N75.8 million to GVE Projects Limited and Arnergy Solar Limited to provide solar home...