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CBN Reinstates 9 Banks Suspended from Forex Transactions

The Central Bank of Nigeria ( CBN ) has reinstated the nine…

Farouk Mohammed Farouk Mohammed

Recession: Economy Will Perform Better in Second Half of the Year – Osinbajo

The Federal Government expects the economy to perform better in the second…

Farouk Mohammed Farouk Mohammed

WorldRemit Commends Restoration of Money Transfers to Nigeria

WorldRemit, the leading digital remittance service, commends the restoration of money transfers…

Farouk Mohammed Farouk Mohammed

Nigeria Experiencing Worst Economic Recession in 30 Years

The National Bureau of Statistics (NBS) has confirmed that Nigeria is in…

Farouk Mohammed Farouk Mohammed

CBN Licenses New International Money Transfer Operators (IMTOs)

In furtherance of efforts to liberalise the Foreign Exchange Market, ensure liquidity…

Farouk Mohammed Farouk Mohammed

We Buy Dollar From Government Officials and Politicians – BDC Operators

Bureau de Change (BDC) operators have accused some highly placed government officials,…

Farouk Mohammed Farouk Mohammed

How to Solve Nigeria’s Current Economic Problems – Charles Soludo

  Former Central Bank Governor, Charles Soludo, has offered solutions to Nigeria's…

Farouk Mohammed Farouk Mohammed

CBN to Stop Dud Cheque Issuers From Operating Current Accounts

The Central Bank of Nigeria, CBN, has taken fresh steps to block…

Farouk Mohammed Farouk Mohammed