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DSS raid worsens dollar scarcity

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Suspicion and fear permeated Lagos parallel market on Monday as traders struggle to come to terms with last week’s raid by security operatives. The situation...

Skye Bank sacks 50 staff

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Almost five months after it sacked about 200 workers, Skye Bank Plc has relieved a total of 50 of its employees as well as...

Kano governor disburses N1bn interest-free loans to farmers

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Kano State Governor, Abdullahi Ganduje, on Tuesday disbursed N1billion interest-free loans under the Commercial Agricultural Credit Scheme (CACS), to 517 farmers associations, comprising about...

Group backs FG, CBN to revive economy

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A coalition of civil society groups, under the auspices of Vanguard for Social Justice (VSJ), has supported the policies of the Central Bank of...

FirstBank now sole forex dealer to BDCs

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The Central Bank of Nigeria (CBN) has announced FirstBank the sole authorised dealer for foreign exchange proceeds to licensed Bureau de Change (BDC) operators...

How Emefiele’s wife’s kidnappers shared N80m ransom – Police

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The Police on Monday paraded nine alleged kidnappers of wife of Central Bank of Nigeria (CBN) Governor, Margaret Emefiele, at the Force Headquarters. Mrs Emefiele...

See faces of 9 alleged kidnappers of Emefiele’s wife

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The Nigeria Police at a press conference in Abuja on Monday paraded nine alleged kidnappers of Margaret, wife of Central Bank of Nigeria (CBN)...

Wife of CBN governor rescued from kidnappers

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Margaret, wife of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been rescued from her abductors. She was kidnapped alongside her...

Wife of CBN governor, Emefiele, kidnapped

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Margaret, wife of Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, was abducted by heavily armed kidnappers on Thursday, according to online newspaper, Sahara...

Naira at record closing low as dollar shortages linger

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The naira was stuck at a record closing low of 292.90 to the dollar on Wednesday after just one transaction was carried out, with...