LAGOS – One does not need a bank account or a Verve, Mastercard or Visa card to make withdrawals from an ATM any longer. All one...
ABUJA – The Central Bank of Nigeria (CBN) has removed the limit of $250,000 that banks can sell to each Bureaus De Change per week. This...
ABUJA – The Association of African Development Finance Institutions (AADFI) has rated the Nigerian Export-Import Bank – NEXIM as ‘Best Performing African DFI.’ The decision was...
ABUJA – The Islamic Development Bank (IDB) has so far devoted $678 million to infrastructural development in Nigeria, according to its Vice President, Birama Boubacar Sidibe....
AMSTERDAM — Dutch lender Rabobank Group will eliminate more jobs in the Netherlands as it seeks to downsize its domestic operations and further reduce costs. The...
ABUJA – In an apparent move aimed at bridging the increasing gap in the value of the naira at the Retail Dutch Auction System (RDAS), the...
FRANKFURT — Major central banks in Europe and Asia are gradually winding down an anti-crisis tool that ensured a steady supply of U.S. dollar funds to...
ABUJA – Governor of the Central Bank of Nigeria, CBN, Mr. Lamido Sanusi, yesterday, warned that Nigeria’s economy will be greatly endangered if the independence of...
ADDIS ABABA – Mr. Thomas Asare, Director of Planning Budget Finance and Accounting, at the African Union Commission gave a press briefing on Implementation- International Public...
… Fund will aim to spur a secondary market for mortgages … Nigeria faces 17 million housing shortage … Mortgage lending just 0.5 percent of GDP...
