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BusinessNews

10 notable facts you may not know about investing in bonds

By Chioma Obinagwam The Federal Government of Nigeria’s (FGN ) savings bond which opened on August 12 and would close on August 16...

BusinessNews

Bank of England reacts to pound’s fall against dollar

The Bank of England and the Treasury have reacted to the fall of the pounds against the dollar. The Bank said it would...

BusinessNews

CBN supplies $200m to banks to check Forex speculation

Nigeria’s apex bank, the Central Bank of Nigeria (CBN) Tuesday released a total of $200 million to all commercial banks in the country...

BusinessNews

CBN to sanction DMBs, Forex dealers who reject old, lower denominations of dollars

By Chioma Obinagwam Nigeria’s central monetary authority, the Central Bank of Nigeria (CBN) has mandated Deposit Money Banks (DMBs) and Authorized Forex dealers...

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