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Business

Naira Depreciates Despite CBN Intervention

Vanguard -
The naira yesterday could not sustain the gains recorded on Wednesday, as it depreciated against the US dollar in the parallel market, closing at N222...
Business

Why CBN Banned Cash Deposits Into Domiciliary Accounts

Eseme MacDonald | Lifestyle Contributor -
Nigeria's apex bank, on Wednesday, Aughust 5, 2015 officially banned cash deposits into domiciliary accounts across the country. This was contained in a circular issued...
Economy

CBN Launches Investigation Into Naira Depreciation In Parallel Market

Eseme MacDonald | Lifestyle Contributor -
The rate at which the naira has dropped against the dollar in recent times has prompted the Central Bank of Nigeria, CBN, to launch...
Economy

Naira Depreciates, Now Valued At As N230 Per $1

Okechukwu Obioha | Staff Reporter -
The Nigerian currency, Naira, has depreciated in the parallel market, follwing the worsening of Naira on Wednesday, July 1, 2015 as it lost N4...
Business

CBN Extends Deadline For BVN Registration, See New Date

Eseme MacDonald | Lifestyle Contributor -
Nigeria's apex bank has extended the deadline for the Bank Verification Number, BVN, registration exercise across the country from Tuesday, June 30, 2015 to...
News

N480 Billion Loan: Gov. Aregbesola, PDP Trade Words Over Osun Debt Profile

Sheryl Sanni | Staff Reporter -
Governor Rauf Aregbesola of Osun Sate has called out Senator Iyola Omisore of the Peoples Democratic Party (PDP), over the N480 billion figure the...
Economy

Why States Cannot Pay Workers’ Salary – CBN

Sheryl Sanni | Staff Reporter -
The Central Bank of Nigeria (CBN) has given an insight into the reason why the states who have been unable to pay workers' salaries...
Crime

N8 Billion Scam: Court Refuses Bail For Bankers

Okechukwu Obioha | Staff Reporter -
A Federal High Court sitting in Ibadan on Monday, June 14, 2015 presided over by Justice Ayo Emmanuel has refused to grant bail to...
Crime

N8 Billion CBN Scam: EFCC Opposes Bail For Accused

Seyi Peters | Staff Reporter -
The Economic and Financial Crimes Commission, EFCC, on Tuesday, June 9, 2015 opposed the request for bail by some former banking staff currently on trial in...
Crime

EFCC Arrests 5 CBN Staff For Stealing N8 Billion Meant For Destruction

Eseme MacDonald | Lifestyle Contributor -
The Economic and Financial Crimes Commission (EFCC) has apprehended five top officials of the Central Bank of Nigeria (CBN) and 16 others for alleged...
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