Business News
Business and economic news from Nigeria and around the world.
CBN Publishes Signed 2012 Annual Report Mentioned In The Controversial FRC Allegation Against Sanusi
The Central Bank today published a copy of its 2012 Annual report showing a surplus of N103billion a 29% rise...
Read moreDetailsThese Are The Steps To Take To Register Your New CBN Bank Verification Number (BVN)
Speaking on the enrollment process, Managing Director of Nigeria Interbank Settlement System (NIBSS), who doubles as Head, BVN Project Management...
Read moreDetailsRelief For BDC Operators: CBN Has Extended The Deadline To Raise New Capital
The Central Bank of Nigeria (CBN) has extended the deadline given to Bureau De Change (BDC) operators in the country...
Read moreDetailsH-I-S-T-O-R-I-C: Cashless Policy Goes Nationwide Today
The cashless policy, an initiative of the Central Bank of Nigeria (CBN) and the Bankers’ Committee aimed at reducing the...
Read moreDetailsCashless Policy Begins July 1 2014 Nationwide But 30 States Won’t Pay Above Limit Withdrawals Charges Till July 1 2015
The Central Bank of Nigeria (CBN) Tuesday announced the deferment of charges for individuals and corporate account holders who wish...
Read moreDetailsAMCON To Repay N800b Bonds in August and Has No Plans To Buy New NPLs
The Asset Management Corporation of Nigeria says it plans to repay N800bn of bonds due by August this year. The...
Read moreDetailsU Turn or Reality Check? Emefiele Says No Action on Lending Rate Before General Elections
The new Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has clarified his agenda on the planned reduction...
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Are These Signs That Banking Stocks Are About To BOOM>>>>>
The Banking Sector has had a tumultuous 2014 as strict regulatory and monetary policy guidelines threaten their profitability in...
Read moreDetailsEmefiele’s Statement Sends Naira Crashing To Two Months Low
Reuters: Nigeria's naira weakened to more than two month low of 164.46 to the dollar on Friday, down 0.37 percent,...
Read moreDetailsOFFICIAL: No More Charges On Over The Limit Bank Deposits – Emefiele
In a move that is sure to excite bank depositors the new CBN Governor stopped charges on deposits made into...
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