Ad image

admin

CBN to drain N568bn from bank accounts, lenders scramble for funds

The Central Bank of Nigeria (CBN) on Wednesday advised banks it would drain…

By
1 Min Read

FG to sell N129 bn in T-bills

The Central Bank of Nigeria (CBN) said, on Wednesday, that it plans to…

By
1 Min Read

Cost of production production may rise for manufacturers on imported inflation

Muda Yusuf, director-general, Lagos Chamber of Commerce and Industry (LCCI), told BusinessDay…

By
4 Min Read

Shock as CBN finally devalues naira; hikes rates to save economy

In what has been seen as shocking but bold decisions, the Central…

By
4 Min Read

Banks squeezed further as N40bn may vanish from industry wide profits

The Central Bank of Nigeria’s (CBNs) moves to tackle excess liquidity in…

By
4 Min Read

CBN action signals to investors commitment to act

The Monetary Policy Committee (MPC) decisions on greater flexibility of the naira/$…

By
2 Min Read

MPC cripples banks’ front-loading of forex market

Bankers who were making money in the foreign exchange (forex) market by…

By
5 Min Read

NSE CEO elected president of ASEA

Oscar N. Onyema, chief executive officer, Nigerian Stock Exchange (NSE), has been…

By
2 Min Read
Translate »