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CBN refutes story on Forex arbitrage

…Forex exchange rates geared towards convergence not arbitrage By Chioma Obinagwam The Central Bank of Nigeria (CBN), Nigeria’s apex bank has dismissed the...

BusinessNewsUncategorized

CBN maintains 14% interest rate to achieve financial system stability

By Chioma Obinagwam The  Central Bank of Nigeria (CBN) for the 15th time, has left interest rate unchanged in its efforts to control...

BusinessForeign NewsUncategorized

World Bank reverses oil price forecast to $67 in 2019-2020

The World Bank now expects oil prices to average $67 a barrel this year and the coming year down $2 compared to projections...

BusinessForeign NewsNewsUncategorized

Korea pledges collaboration with Nigeria

  By Chioma Obinagwam The Republic of Korea has pledged to continue effective collaboration with Nigeria to ensure the nation attains its economic...

BusinessNewsUncategorized

CBN supports Labour on minimum wage

  Central Bank of Nigeria, CBN, has thrown its weight behind organised labour’s quest to increase the minimum wage, saying that it would...

BusinessNewsUncategorized

Currency Mutilation: Offenders to face litigation, jail term

…CBN to introduce mobile courts soon   By Chioma Obinagwam Mutilators of Nigeria’s currency notes, Naira, will soon come under litigation and face...

BusinessUncategorized

CBN says 41 items policy in line with economic nationalism

  By Chioma Obinagwam The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has again said that the decision of the Bank...

BusinessNewsUncategorized

CBN revokes Skye bank’s operating license

  … Now Polaris Bank By Chioma Obinagwam The Central Bank of Nigeria (CBN), Nigeria’s Apex bank, has announced the revocation of Skye...

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‎Preventing financial crimes amid mounting insecurity: Why following the money is now a survival imperative‎

‎By Blaise Udunze‎‎‎Nigeria today faces a sobering dual reality: a deepening security crisis and an entrenched financial-crime ecosystem that quietly feeds, sustains, and...

‎Nigeria’s Oil, Gas Free Zones attract $24bn in investments as operators plead for 10-year tax holiday‎

By Chioma Obinagwam‎‎ Nigeria’s oil and gas free zones have pulled in a staggering $24 billion in investments, creating hundreds of thousands of...