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CBN releases guidelines for solar connection intervention facility

The Central Bank of Nigeria (CBN) on Monday introduced the Solar Connection…

5 Min Read

Naira falls to N460 to dollar despite CBN’s FX allocation to BDCs Monday

Nigeria’s currency on Monday dropped in value by N7 as the dollar…

3 Min Read

Naira to weaken further as crude oil price falls to $39.83 per barrel

The pressure on the foreign exchange continued at the weekend as the…

4 Min Read

Nigeria’s central bank to commence phased implementation of Basel III standard

The Central Bank of Nigeria (CBN) on Friday said it would commence…

5 Min Read

Naira regains strength as dollar demand slows

Nigeria’s currency on Friday strengthened by N0.33k as the dollar closed at…

2 Min Read

Afreximbank disburses US$200m to Nigeria’s Zenith Bank to cushion impact of COVID-19

African Export-Import Bank (Afreximbank) has disbursed $200 million to Zenith Bank Plc…

3 Min Read

Banks pull credit lines from hard hit private schools

Dayo Ogundipe (not real name) is a private school owner. Before Covid-19…

Naira jumps to N453 despite central bank’s $101.8m sales to BDCs

Nigeria’s currency on Thursday lost N9.50k to the dollar, a day after…

4 Min Read
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