The Central Bank has reduced the timeline for banks to compute the Net Open Position to daily Before now banks computed...
Read moreDetailsNigerian naira shed 1.64 percent to close at 189.10 against the greenback on Thursday, despite dollar sales by the central...
Read moreDetailsGodwin Emefiele has been under the spotlight for weeks now as Nigeria deals with a major depreciation of the naira...
Read moreDetailsThe Nigerian naira firmed sharply on Wednesday after state-oil company NNPC sold around $350 million to lenders, helping the currency...
Read moreDetailsThe Nigeria Deposit Insurance Corporation (NDIC) has taken over 21 Primary Mortgage Banks (PMBs) that fell short of the Central...
Read moreDetailsNigeria's naira ended at a record closing low on Monday, despite central bank intervention, as the currency continued to weaken...
Read moreDetailsThe Naira is currently trading above N200 in most parts of Nigeria and understandably a lot of my readers are...
Read moreDetailsThe naira closed at a record closing low of 190.60 to the dollar on Friday, despite the central bank intervening...
Read moreDetailsThe Naira has finally hit N200 in the black market and it appears it has no way of coming down...
Read moreDetailsThe CBN has issued another circular increased its Net Open Position from 0.1% to 0.5% of shareholders fund unimpaired by...
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