Money market
Borrowers groan as MfBs demand loan repayment
Some borrowers from microfinance banks have decried their exemption from loan tenor extension in the banking industry, which some commercial…
Nigerian treasury bills oversubscribed by N132bn
The Nigerian treasury bills auctioned for the month of May was oversubscribed by N132bn. The Debt Management Office disclosed this…
Dollar sells for N445 as forex scarcity persists
The dollar exchanged for N445 in the parallel market on Monday due to scarcity and shrinking liquidity in the…
Buhari dissolves BOA management, appoints Hassan acting MD
President Muhammadu Buhari has approved the dissolution of the interim management team and the appointment of an acting managing director…
IMF cautions against rationing as dollars traded fall 88% in I&E window
The IMF has cautioned the CBN against dollar rationing stressing that this will hamper foreign trade and investor confidence and…
CBN begins N50bn COVID-19 fund disbursement
NIRSAL Microfinance Bank has commenced the disbursement of the Central Bank of Nigeria N50bn Targeted Credit Facility. Mr Abubakar Kure,…
