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Access To FX For Food Imports:  CBN to Ban More Items-...

Following the federal government proposed plans to banned food items access to foreign exchange(FX), the Governor of Central Bank of Nigeria (CBN), Mr. Godwin...

Moghalu, Ezekwesili Kick Over Buhari’s Directive to Ban FX for Food...

Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu and Former minister of education, Oby Ezekwesili have expressed dissatisfaction over President...

CBN Injects $280.04m, CNY 28.3m Into Retail SMIS

…as Foreign Reserves Drop to $44.69bn The Retail Secondary Market Intervention Sales (SMIS) has received a boost of $280.04million from the Central Bank of Nigeria...

Inter-Bank Forex Market: CBN Intervenes With $210m

The Nigerian inter-bank foreign exchange market received another boost of $210 million from the Central Bank of Nigeria (CBN) on Tuesday. Figures obtained from the...

ETI Announces Ayo Adepoju as Group CFO

Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of the Ecobank Group, has announced Ayo Adepoju as its new Group Chief Financial Officer (CFO)...

Despite economy uncertainty, others, equities market appreciates by N1.8trn in 7...

Despite the nation’s economy uncertainty, leading to foreign investors exiting the economy, the equities market segment of the Nigerian Stock Exchange (NSE) has gained...

Insufficient power supply, high-interest rate, others constrain business activities in July-...

The Central Bank of Nigeria (CBN) says some firms in the country have identified insufficient power supply, high-interest rates and unfavourable economic climate as...

Nigeria’s Central Bank Awards Financial Services Licence to MTN Subsidiary

  A subsidiary of MTN Nigeria has been awarded a licence by the country’s central bank that would allow it to provide financial services, the...

Kenyan Inflation Hits Three-month High in July

Kenya’s year-on-year inflation rose to 6.27% in July from 5.70% the previous month, touching its highest level in three months, the statistics office said...
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