Business News
Business and economic news from Nigeria and around the world.
Official: No More ID Cards From 2014 As Banks Plans To Identify Customers With Finger Prints
The Punch Newspaper reports; The Central Bank of Nigeria and the Bankers Committee on Tuesday sealed a biometric solution pact...
Read moreDetailsThis Discount House Kept Three Books Of Accounts’| One For CBN, Another For Public and One For Auditors
Facts have emerged on how the top management of Consolidated Discount Limited (CDL) kept the alleged malpractices in its accounts...
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Are These The Candidates For The Next CBN Governor?
As the Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, prepares to step down in June...
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$400million Pumped Yesterday Alone Yet Dollar Still Trading At N166
The Central Bank of Nigeria (CBN) yesterday increased its supply of the dollar at the Retail Dutch Auction System (RDAS)...
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Soludo Years Inflation Rate Vs Sanusi Years Inflation Rate Reveals A Startling Difference
Nigeria has had several renowned CBN Governors in the past. However, the duo of Sanusi Lamido Sanusi and his immediate...
Read moreDetailsSanusi: Why CBN Stopped Payment Of Electronic Money Transfers In Dollars
The CBN Governor Sanusi Lamido Sanusi was Washington DC speaking to a cross section of Nigerians reporters during the just...
Read moreDetailsThe Bank Set Up To Help SME’s Is Bankrupt
The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) have taken over the management of the...
Read moreDetailsSanusi wins 2013 Emerging Markets Central Bank of Year Award For The Third Time
The Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi has won the 2013 Emerging Markets Central Bank of...
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Deal: CBN & NIPOST Seal Deal To Enable Civil Servants Collect Salaries In Post Offices
Central Bank of Nigeria (CBN) and the Nigerian Postal Service (NIPOST) have struck a deal on cash transactions in all...
Read moreDetailsDifference Between WDAS & RDAS
The Central Bank recently introduced sweeping Foreign Exchange guidelines that is expected to eliminate or drastically reduce money laundering as...
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