CBN forex rule may fuel bond sell-off
The Federal Government bonds are expected to witness increased buying by local pension funds, which could lead to a drop…
LCCI kicks against CBN’s new import policy
The Lagos Chamber of Commerce and Industry (LCCI) is concerned that the recent Central Bank of Nigeria, (CBN) circular that…
Sterling Bank set to publish debtors’ names
Sterling Bank Plc may be the first commercial bank in Nigeria to implement the recent directive by the Central Bank…
BVN: Banks urge customers to beat registration deadline
Bank customers who do not have their Biometric Verification Number (BVN) would be excluded from enjoying banking services from Wednesday,…
SEC refuses to lift BGL’s suspension
The BGL Group Plc, as well as its subsidiaries and sponsored individuals remain suspended from capital market actives for failing…
‘Capital Market can drive Nigeria’s economy’
“The Nigerian capital market has the potential for the kind of capital formation required to drive an economy the size…
First Bank boss calls for further Naira devaluation
Bisi Onasanya, managing director, First Bank of Nigeria Plc, has called for further devaluation of Naira. He said that it…
CBN set to redesign Credit Risk Management System
The Central Bank of Nigeria is set to redesign the Credit Risk Management System in the banking sub-sector. A circular…
Investors in NSE equities lose N39bn
Down, down goes the market as the equities segment of the Nigerian Stock Exchange fell by N39bn or 0.34 per…
Bank of Industry Has Disbursed N16 Billion Loans
The Managing Director, Bank of Industry, Mr Rasheed Olaoluwa said it had disbursed over N16 billion loans to 68 enterprises…