CBN

Business

Manufacturers’ confidence in economy improves amid forex, inflation challenges

Despite improved confidence in the economy as shown in the latest Manufacturers Confidence Index (MCCI) by local manufacturers, there are…

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National

CBN refunds Nigerians N82b for failed bank transactions

Reprieve may have come the way of commercial bank customers, as the Central Bank of Nigeria (CBN) has facilitated their…

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Business

CBN unveils guidelines for payments system firms

The Central Bank of Nigeria (CBN) has unveiled guidelines for licensing and regulation of payments system holding companies (PSHC), stressing…

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National

No plan to convert dollar account holdings to naira, says CBN

‘We will ensure full compliance with new rules’ The Central Bank of Nigeria (CBN) has assured the public that it…

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Business

Dollar pulls back on rising optimism

Data suggest increasing perception about naira The dollar pulled back at the parallel market at the weekend on the strength…

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National

MAN tasks banks on CBN forex directive compliance

The Manufacturers Association of Nigeria (MAN) has urged commercial banks to comply strictly with the Central Bank of Nigeria (CBN)…

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Business

U.S. seeks $80 million to improve trade ties with Nigeria, others

The administration of U.S. President Joe Biden has kicked off the Prosper Africa Build Together initiative by requesting $80 million…

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Business

Banks see dollar drop to N423, express readiness for forex operations

The Body of Bank Chief Executive Officers (CEOs) has projected that Naira exchange rate to the dollar is expected to…

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National

Unease in forex market as dollar heads towards N550/$

• Naira sees biggest plunge day after CBN forex ban • CBN maintains stance as BDCs seek truce • This will…

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Business

Operators task FG on EODB as market dips by N1.4tr in seven months

Investors in the nation’s capital market have stressed the need for the Federal Government to adopt a holistic approach in…

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