CBN Tightens Noose On Banks, Stops ‘Instant Completion’ For Forex Transfers Online
In a renewed effort at tracking the flow of foreign exchange within the banking system, reducing incidences of undocumented transfers...
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Fidelity Bank Reaffirms Support For CBN’s New FX Policy Push, Targets Improved Diaspora Remittance Inflows
Fidelity Bank Plc, a leading Nigerian bank has restated its readiness to continually support the Central Bank of Nigeria’s (CBN)...
Nigerian Court Rejects Shell’s Bid To Unfreeze Its Bank Accounts
A Nigerian court rejected Royal Dutch Shell Plc’s bid to overturn an order restricting access to the company’s bank accounts...
UK Agrees To Return £4.2m Ibori Loot
The government of the United Kingdom has agreed to return £4.2million as part of the loot by a former Delta...
South Africa’s Economy Shrinks The Most in 100 Years
South Africa’s economy contracted the most in a century in 2020 as restrictions to curb the...
Rewane Eulogises Osinbajo At 64, Says My Respect Grew After Comment On Crypto Ban
Bismarck Rewane, chief executive officer of Financial Derivatives Company, says Vice-President Yemi Osinbajo’s comment on the ban of cryptocurrency boosted...
NERC Directs DisCos To Prioritise Meter Deployment As Estimated Billings, Power Disruptions Continue
The Nigerian Electricity Regulatory Commission (NERC) has said that electricity distribution companies (DisCos) would have to prioritise deployment of new...
AfDB To Launch African Economic Outlook 2021
The African Development Bank will launch its 2021 African Economic Outlook on Friday, 12 March 2021. The theme of this...
Central Banks Face Jumpy Bond Market With 10 Days Of Decisions
Major central banks meet this month to decide on policy March marks anniversary of unprecedented monetary support, reports Bloomberg. Central...
Presidency Releases Names of ”The 50 Buhari Women” To Celebrate Nigerian Women For IWD
As part of activities to mark this year’s International Women’s Day (IWD), the presidency on Sunday released a checklist of...
