PTA, School fees: CBN to commence weekly sale of forex to banks
In continuation of efforts to increase foreign exchange availability and ease difficulties encountered in obtaining funds for some invisible transactions, ...
Tag: banks
CBN directive on FX sales at airports a temporary solution, says expert
An economist, Mr Femi Awoyemi says the directive by Central Bank of Nigeria (CBN) to banks to open Foreign Exchange ...
Relief as CBN set to meet all backlog forex demands
WITH liquid foreign reserves at $28.4 billion, Central Bank of Nigeria (CBN) on Monday announced new policy actions in the ...
TSA not stifling banks —CBN gov •Says policies meant to revive economy
•Vows to pursue price, financial system stability and inclusive growth Governor of the Central Bank of Nigeria (CBN), Mr. ...
NFF banks on $1.5m lifeline to hire foreign coach
THE Nigeria Football Federation (NFF) is now banking on a sum of $1.5 million from a sponsor to cover the ...
CBN removes Skye Bank’s chairman, MD, others •Over poor liquidity and high non-performing loans
The Central Bank of Nigeria (CBN), on Monday, sacked the chairman of the board of Skye Bank Plc, the Managing ...
Osun State gov commends Sterling Bank’s contribution to environmental sustainability
The Governor of Osun State, Ogbeni Rauf Aregbesola has commended Sterling Bank Plc for its contribution to clean environment through ...
Fortis microfinance bank’s assets hit N20bn
Total assets of the leading financial institution, Fortis Microfinance Bank Plc, has hit N19.94 billion. The financial institution’s total assets ...
Lagos to sanction banks using uncertified transfusion blood
The Lagos State Ministry of Health has warned against the use of uncertified blood for transfusion by private and public ...
FXPD: All banks to set Naira rate in strategic trading today
•Treasurers project N270-N300/$ All Deposit Money Banks (DMB) in Nigeria will set the first exchange rate of the Naira ...
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