CBN Reaffirms Commitment to Provide Liquidity Support to FX Markets
The CBN’s policy objectives are yielding tangible results and bolstering market confidence. Net foreign exchange flows rose to $25.4 billion between January and June, marking...
Category : Business
FG Determines Two Julius Berger Contracts, Demands Timely Delivery of Others
According to the Ministry it has opened a decisive discussion with the company in keeping with the directive of the Federal Executive Council with respect...
Why CBN Approved Financial Accommodation For Unity Bank and Providus Bank Merger
Apparently justifying its different course of action compared to the one it took in the case of Heritage Bank, the Central Bank stressed that "no...
Nigerian Protests: APRA Urges Continuous Dialogue Towards Resolution of Issues
The African Public Relations Association (APRA) has expressed unequivocal solidarity with the government and people of Nigeria on the second day of the protest embarked...
New NAICOM Portal Will Ease, Fast Track Agents’ Licensing
The National Insurance Commission (NAICOM) has announced that it has developed a new licensing portal for registration and renewal of licences of insurance agents. This...
Access Bank Named Best Bank (Nigeria), Best Bank ESG (Ghana) at 2024 Euromoney Awards
Also speaking on the awards, Olumide Olatunji, Managing Director of Access Bank Ghana, said, “Our commitment to sustainability is integral to everything we do at...
Again, CBN Sells $148m To 29 Authorised Dealers
The Central Bank of Nigeria (CBN) sold a cumulative amount of US$148m to Authorised Dealers in the Nigerian Foreign Exchange Market (NFEM) to provide liquidity...
CBN Act Amendment: Cutting the Head Off to Treat Headache?
By Dayo Omoogun There is palpable anger against the Emefiele regime that held sway at the Central Bank of Nigeria from June 2014 to June...
CBN Sells $20,000 to BDCs To Meet Invisible Transactions
The Central Bank of Nigeria has approved the sale of foreign exchange to eligible Bureau De Change (BDCs) to meet the demand for invisible transactions....
NAICOM Board Elevates Rasaaq Salami, Talmiz Usman, 3 Others as Directors
The Governing Board of the National Insurance Commission, at its meeting held on 21 June, 2024, approved the promotion of five (5) staff to the...