Godwin Emefiele, Governor, Central Bank of Nigeria

CBN Clarifies Alleged Wrong FOREX Purchase Figures

Following alleged irregularities in the rates at which foreign exchange was obtained by some individuals and companies from different Deposit Money Banks (DMBs) under

Week Ahead: Central Banks & Data Back In Focus

FXTM Chief Market Strategist Hussein Sayed comments on the expected rate rise by the Fed in the week ahead: Although Donald Trump policies will remain to be the key

CBN Queries 5 Banks for Forex Manipulation

Central Bank of Nigeria (CBN) has queried five commercial banks for manipulating foreign exchange (forex) transaction rates. The CBN detected the rate manipulations

AfDB to Host Regional Final of TV Competition "Voix des Jeunes"

The 2016 regional finale of the televised Voix des Jeunes (“Young Voices”) competition will be held at the African Development Bank’s (AfDB) headquarters in Abidjan on

Godwin Emefiele, Governor, Central Bank of Nigeria

CBN Defends its Foreign Exchange Policy, Cautions Critics

The Central Bank of Nigeria (CBN) has defended its foreign exchange policy and cautions unwarranted attack on its policies by a group of Nigerians, whose real interests

Sola David-Borha

David-Borha, Stanbic IBTC Bank CEO Resigns

 Sola David-Borha has resigned her appointment as the chief executive officer (CEO) of Stanbic IBTC Holdings PLC, according to information sent to the Nigerian Stock

Visa Signs Strategic Partnership Deal with Atlas Mara

Visa, a global payments technology company, has signed a commercial partnership with Atlas Mara Limited (LON: ATMA), the sub-Saharan Africa financial services group, as

Africa Finance Corporation Issues US$150m Maiden Sukuk

Finance Corporation (AFC), a leading Pan-African multilateral development finance institution and project developer, has issued its maiden Sukuk, the highest-rated ever

FXTM: Why Education is Essential in Nigerian Fx Space

Nigeria has entered its worst recession in over 29 years. According to the Nigeria’s National Bureau of Statistics’ (NBS) GDP report, the economy contracted by 2.06

FirstBank Provides Secure, Convenient Money Transfer Services

First Bank of Nigeria Limited has provided yet another financial solution to promote convenience and support the lifestyles of its customers. A statement from the lender