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CBN warns banks against transactions with Cameroon, Croatia, others

The Central Bank of Nigeria (CBN) has issued warning to commercial banks…

2 Min Read

One dollar now trading for N792.50 at parallel market

One dollar is currently trading at an average rate of N792.50 at…

2 Min Read

Why banks’ bad loans declined to lowest in 7years

The Non-Performing Loans (NPLs) of deposit money banks, also known as bad…

6 Min Read

Zenith Bank pegs daily ATM withdrawal at N200,000

Zenith Bank on Wednesday revised its cash withdrawal limit to N200,000 per…

1 Min Read

Naira loses 0.89% as FX market closes Wednesday

The foreign exchange (FX) market closed on Wednesday with naira losing 0.89…

3 Min Read

Naira opens Wednesday at N778

The foreign exchange (FX) market opened on Wednesday with naira depreciating by…

3 Min Read

Naira gains despite 66.33% drop in dollar liquidity

The Naira appreciated by 3.74 percent against the dollar at the Investors’…

2 Min Read

Mixed sentiments trail interest rate hike to curb inflation

After Nigeria’s hard stance and pain of liberalising the foreign exchange (FX)…

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