Food and beverage major, Nestle Nigeria PLC’s 2023 full year results has shown impact of Naira devaluation on its profits. Cordros research told Confiance News in its
By Chioma Obinagwam In fulfilment of its commitment to eliminate the backlog of pending matured foreign exchange in Deposit Money Banks (DMBs), the Central Bank of Nigeria
By Chioma Obinagwam A sustainability expert and consultant on business strategy, Mr. Marcel Okeke has said that the depreciation of the Naira has had significant foreign exchange
By Chioma Obinagwam As Nigeria’s apex monetary authority, the Central Bank of Nigeria’s (CBN’s) latest policy on Foreign Exchange (Forex) gains momentum, investors in that segment of
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has explained reasons for the removal of limits on domiciliary accounts, allowing account holders to have unrestricted access
…says hike in subsequent MPC meeting not unlikely Chioma Obinagwam Analysts at Cordros Research, the research arm of Cordros Capital, have reacted to the recent Monetary Policy
By Chioma Obinagwam Nigeria’s Forex (FX) liquidity issues is expected to last beyond the short term. Confiance News gathered from the weekly report by Cordros Research
Nigeria’s President Muhammadu Buhari will tomorrow (Wednesday, November 23, 2022) unveil the redesigned naira notes. Confiance News gathered from Central Bank of Nigeria (CBN) on Tuesday. Speaking
By Chioma Obinagwam West Africa’s premier financial institution, First Bank of Nigeria in partnership with Verve International has said it is rewarding users of First Bank verve
A member of the Monetary Policy Committee (MPC) of Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN), Mike Obadan, has alleged that eminent Nigerians and