ONOME AMUGE & JOY AGWUNOBI IN LAGOS, NIGERIA The first quarter of 2024 will be remembered as a turbulent period in Nigeria’s

Charles Abuede OPEN BUY BACK (OBB) and Overnight (OVN) money rates opened last week at 1.4 per cent and 2.3 per cent respectively from

The dollar consolidated gains on Thursday after less dovish than expected minutes from last month’s U.S. Federal Reserve policy

BY:Moses olajuwon Obajemu Fitch Ratings has sounded the alarm that the cash reserve ratio (CRR) policy being implemented by the

BY: Moses olajuwon Obajemu   The Nigeria Deposit Insurance Corporation (NDIC) yesterday vowed to protect the interest of

Foreign exchange scarcity has triggered further fall of the naira in the parallel market where it now exchanges at N472 to a dollar on

Loans totaling N1.9 trillion considered to be bad loans were written off by banks in the country in the last four years, a report by

Nigeria’s stock of money in circulation stood at N2.29 trillion at the end of June 2020, representing a decline of N52.5bn from

In this era of the Coronavirus pandemic, wearing a face mask may cause bank customers unable to withdraw money from their accounts

In a move to deepen the Nigerian financial system and provide more investment instruments for investors, FMDQ Securities Exchange