Reserves May crash below $38 Billion mark – Analyst As pressure continued to mount on the Nigeria’s external reserves, the country’s hard currency vault depleted by...
In line with rife expectations by investors in the Nigeria’s Fixed Income (FI) Market, the overnight (OVN) rate expanded by 424 basis points last week to...
By Marcel Okeke A seemingly innocuous ‘war’ has been raging in the Nigerian financial services space for quite some time now: the ‘war’ to checkmate the...
Nigerians have remained unflinching to explore blockchain technology and cryptocurrency that rides on it in search of financial succor despite the ban imposed on the digital...
The Central Bank of Nigeria (CBN) has granted MTN the final approval to operate as Momo Payment Service Bank Limited (Momo PSB). This was disclosed in...
There was respite for naira, the country’s local currency after the Nigeria’s foreign reserves added $84.25 million to hit $39.635 billion last week. Business Metrics found...
The Central Bank of Nigeria (CBN) has imposed an N800 million fine on three Deposit Money Banks (DMBs) in the country for violating regulations barring customers...
The Centre for Promotion of Private Enterprises (CPPE) has again urged the Central Bank of Nigeria (CBN) to adopt a flexible exchange rate regime to end...
Despite oil rally, Nigeria’s foreign reserves dipped by $145.51 million week-on-week to close at $39.52 billion as at March 24, latest data obtained from the Central...
The Monetary Policy Committee (MPC) met on 21st March 2022, in an environment of heightened geopolitical tensions and persisting macroeconomic uncertainties, associated with the recent Russia-Ukraine...