Samuel Nwite
AUTHOR: Samuel Nwite
Nigeria Announces New Operational Mechanism for BDCs, Brings Them Back into Regulated FX Market
As part of its efforts to stabilize the Nigerian forex market, the Central Bank of Nigeria (CBN) on Thursday, announced a series of operational...
Nigeria Withdraws Firearm Charges Against Suspended CBN Governor Emefiele
The firearm charges leveled against the suspended governor of the Central Bank of Nigeria, Godwin Emefiele, have been dismissed by a Federal High Court...
Moniepoint Launches Consumer App and Debit Cards to Expand Banking Services to Individuals
Moniepoint, a business bank in Nigeria, has unveiled a consumer app and debit card services, signaling its expansion from serving the corporate sector to...
Central Bank of Nigeria (CBN) Introduces FX Verification System Portal for Importers
The Central Bank of Nigeria (CBN) has introduced a foreign exchange (FX) price verification system (PVS) portal, according to a statement issued by the...
Naira Appreciates to N860/$1 As the Effect of NNPCL’s $3bn Loan Kicks In
Naira has maintained its gain from Wednesday, when it appreciated to N890 per dollar at the parallel market, gaining over N70 - buoyed by...