Business

CBN re-admits UBA into FOREX Market

The Central Bank of Nigeria (CBN) has re-admitted the United Bank for Africa (UBA) Plc…

Banks clarify positions on forex sanction by CBN

Some banks on Wednesday clarified their positions on the alleged suspension from the foreign exchange…

What is competency?

By Dada Adefolami A competency is the capability to apply or use a set of…

CBN bars 9 banks from forex transactions over failure to remit $2.1b to TSA

The Central Bank of Nigeria on Tuesday suspended nine banks from all foreign exchange transactions…

10bn dollars trapped overseas due to FG’s wrong policies — LCCI Director

Vincent Nwani, Director, Research and Advocacy, Lagos Chamber of Commerce and Industry (LCCI), said Nigerian…

Manufacturers to get 60% forex from authorised dealers

The Central Bank of Nigeria (CBN) has directed authorised foreign exchange dealers to allocate at…

Breaking: Aviation unions protest FG’s planned concession of airports

Workers' unions in the Nigerian Aviation industry on Tuesday embarked on massive rally to protest…

Nigeria will strengthen partnership with IDB for development – Buhari.

The Federal Government says it will deepen its partnership with the Islamic Development Bank (IDB)…

Finance minister asks Islamic Bank to support rebuilding of North-East

Nigeria’s Minister of Finance, Mrs Kemi Adeosun has called on the Islamic Development Bank (IDB)…

Lagos to empower varsity entrepreneurs with N15.5m

Gov. Akinwunmi Ambode of Lagos State on Monday approved N15.5million as seed funding and grants…