Category: Economy

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Global Banking Standards Body Preaches Ethics Education, Training For Bankers

Global Banking Standards Body Preaches Ethics Education, Training For Bankers

The Global Banking Education Standards Board (GBEStB), as part of efforts to promote ethical standards as well as provide the foundation for high qual...
CBN Injects $210m Into Inter-bank FOREX Market

CBN Injects $210m Into Inter-bank FOREX Market

As part of its determination to ensure availability of foreign exchange to genuine customers, the Central Bank of Nigeria (CBN), on Wednesday, May 30,...
FX Purchase: Ensure Your Accounts Are Funded, CBN Reminds BDCs

FX Purchase: Ensure Your Accounts Are Funded, CBN Reminds BDCs

Despite subtle protests and allegations that the Central Bank of Nigeria (CBN) seems poised to run them out of business by its directive that they buy...
Nigeria Not Part Of IMF’s Warning On Rising Public Debts, Says Adeosun

Nigeria Not Part Of IMF’s Warning On Rising Public Debts, Says Adeosun

In this interview, transcript of which was made available by Oluyinka Akintunde, her media aide, Nigeria’s Finance Minister speaks on various issues ...
CBN To BDCs: You Must Access FX Window Thrice Weekly, Or…

CBN To BDCs: You Must Access FX Window Thrice Weekly, Or…

As part of its key functions of foreign exchange stability and to ensure liquidity in the market, the Central Bank of Nigeria (CBN), on Sunday night d...
Whistle Blowing: FG Recovers N21.6bn, $378m, £27,800 From Tax Evaders, Others

Whistle Blowing: FG Recovers N21.6bn, $378m, £27,800 From Tax Evaders, Others

The Federal Government, on Sunday, said its whistle blower policy is yielding the desired result, especially in the area of tax evasion, rather than j...
Why MPC Should Have Cut Rates- Rewane

Why MPC Should Have Cut Rates- Rewane

Managing Director of Financial Derivatives Limited, Bismarck Rewane says members of the Central Bank of Nigeria Monetary Policy Committee (MPC) possib...
Tackle Public Debt Headlong Head-on, IMF Chief Urges African Governments

Tackle Public Debt Headlong Head-on, IMF Chief Urges African Governments

Director of African Department at the International Monetary Fund (IMF), Abe Selassie, again reiterated the need for Nigeria and other African nations...
Amidst Oil Price, FX Reserves Growth CBN Task FG On Fiscal Buffers

Amidst Oil Price, FX Reserves Growth CBN Task FG On Fiscal Buffers

The Central Bank of Nigeria (CBN), on Tuesday, May 22, 2018, resisted the temptation to cut the benchmark Monetary Policy Rate (MPR) as its Monetary P...
Forex: CBN Intervenes With Further $210m

Forex: CBN Intervenes With Further $210m

The Central Bank of Nigeria (CBN), on Wednesday said it made available the sum of $210m, to meet customers’ requests in various segments of the foreig...
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