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Meaning of CBN Flexible Exchange Rate Policy

The Central Bank of Nigeria, CBN, on Tuesday says it was adopting…

Farouk Mohammed

CBN Finally Adopts Flexible Exchange Rate Policy

The Monetary Policy Committee of the Central Bank of Nigeria has directed…

Farouk Mohammed

Nigeria GDP Crashes to Lowest in 25 Years

Nigeria’s gross domestic product (GDP), which measures the worth of economic activities,…

Farouk Mohammed

CBN Releases Rules Guiding Operations of Islamic Banks in Nigeria

The Central Bank of Nigeria (CBN) has released a draft of guidelines…

Farouk Mohammed

CBN Unveils Guidelines For Non-interest Microfinance Banks

The Central Bank of Nigeria (CBN) Wednesday released a draft guidelines on…

Farouk Mohammed

CBN Orders Banks On Installation of Camera-fit ATMs

The Central Bank of Nigeria (CBN) has ordered all banks in the…

Farouk Mohammed

FCMB Close Down Branches, Sacks Workers

First City Monument Bank Limited (FCMB) has closed down some of its…

Farouk Mohammed

Femi Otedola Loses $400m In 9 Weeks

Nigerian billionaire Femi Otedola has lost more than $400 million of his…

Farouk Mohammed