The Central Bank of Nigeria (CBN) has issued a directive prohibiting the use of foreign currency (FCY) as collateral for Naira loans.This was contained in a circular…

The Association of Bureau De Change Operators of Nigeria (ABCON), says naira’s speedy recovery, which was faster than expected, had made Central Bank of Nigeria (CBN) selling…

The Abuja Chamber of Commerce and Industry (ACCI) says the burden of higher electricity tariffs will exacerbate challenges facing businesses and also threatens their long-term viability.It would…

The founder and Chief Consultant at B. Adedipe Associates Ltd. Dr. Abiodun Adedipe has revealed that the manufacturing sector will be the biggest beneficiary of a stable…

Some economists have argued that Banks high net interest, which is the difference between the lending rate and the deposit rate, can dampen consumer spending and investment,…

Dr. Bunmi Bajomo, Head, Group Corporate Banking and Chief Operating Officer, Ecobank Transactional (ETI) has said that the MPC’s resolution to elevate the cash reserve requirement from…

The founder and Chief Consultant at B. Adedipe Associates Ltd. Dr. Abiodun Adedipe has said that Nigeria is poised to attract more manufacturing companies from across the…

Lagos State Government plans to demolish a section of the Landmark Beach Resort to make way for the construction of the coastal highway as part of the…

As the financial markets continue to evolve, traders and investors are constantly on the lookout for the most lucrative and promising assets to add to their portfolios,…

KPMG Nigeria says the monetary tightening efforts by the Central Bank of Nigeria (CBN) might prevent banks from giving credit to support the economy.The monetary policy committee…