CBN Summons Currency Dealers, Others on Development in Forex Market

The Central Bank of Nigeria (CBN) has summoned all authorised currency dealers for a meeting to discuss development in the foreign exchange market. The invitation...

Cryptocurrency to Get G7 Task Force

France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering...

UBA Boss Advocates Curriculum Overhaul to Equip Graduates for Technology advancement

The Group Executive Director of United Bank for Africa (UBA), Mr Liadi Ayoku, has called for the overhaul of the training curriculum in financial...

How Digital Technology Has Redefined the MSME Sector

  The MSME sector is the backbone of Nigeria's economy. Studies by the International Finance Corporation (IFC) show that approximately 96% of Nigerian businesses are...

Breaking: Otedola Sells Off Stake in Forte Oil

Business mogul, Femi Otedola, has sold off his 75 per cent stake in Forte Oil. The billionaire businessman hinted in 2018 the plan to sell...

UBA Celebrates International Day of the African Child with Special Reading, Mentoring Sessions

UBA Foundation, the corporate social responsibility arm of United Bank for Africa (UBA) Plc, on Monday, joined the rest of the world to celebrate...

119.5m Nigerians Now Using Internet, Says NCC

Internet users in Nigeria increased marginally to  119,506,430 million in April  2019, the Nigerian Communications Commission (NCC) has said. The NCC made this known on...

No Change in Nigeria’s Exchange Rate Policy – CBN

The Central Bank of Nigeria on Wednesday debunked claims that it changed the country's exchange rate structure. This is coming following news reports going round...

Nigeria Greatest Contributor to Wealth in W/Africa — AfDB

The African Development Bank (AfDB), says Nigeria is the greatest contributor to wealth creation in West Africa, contributing about 75 per cent of regional...

Emefiele Begins Second Tenure as CBN Governor

Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), on Monday began his second tenure, following the confirmation of his re-appointment by...

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