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ICAN backs Senate probe of CBN’s Ways and Means

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The Institute of Chartered Accountants (ICAN) of Nigeria has expressed support for the move of the Senate to probe the Ways and Means loan...

Breaking! CBN raises commercial banks capital base to N500bn

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The Central Bank (CBN) Nigeria on Thursday, unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international...

Forex Racketeering: CBN, EFCC probe banks, firms

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• CBN implements Deloitte FX audit report, EFCC may summon CEOs over $2.4bn invalid requests • Several FX requests fraudulent, made with invalid, illegal documents,...

Naira nears 1,000/$ at parallel market

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The naira has continued its resurgence against the United States dollar, appreciating N1,136/$ at the official market and N1,050/$ at the parallel market at...

Naira sells below 1,280/$ at official, parallel markets

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The naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last...

NCC insists on SIM-NIN deadline, telcos bar lines Friday

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Telecommunication companies (NCC) will disconnect more Subscriber Identity Module (SIM) numbers not linked to National Identification Numbers (NIN) on Friday, March 29, 2024, the...

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