JUST IN: CBN sells $10,000 to BDC at N1,251/$1

By Daniel Adaji The Central Bank of Nigeria has issued a circular to Bureau De Change operators informing them of the sale of $10,000 to each BDC at a rate of N1,251/$1. This... Read more »

$7bn FX: OPS threatens to sue banks over rejected applications

By Edidiong Ikpoto Some businesses under the aegis of the Organised Private Sector of Nigeria are considering taking legal action against some commercial banks for not honouring forex requests which have lingered over... Read more »

BREAKING: FG files tax evasion charges against Binance

By Adekunle Sulaimon The Federal Government on Monday initiated proceedings against Binance, a prominent cryptocurrency exchange platform over tax evasion. The charges were filed at the Federal High Court in Abuja by the... Read more »

Banking not route to billionaire status, says Sterling Bank MD

By Oluwakemi Abimbola The Managing Director/Chief Executive Officer of Sterling Bank, Abubakar Suleiman, has warned newly-inducted members of the Chartered Institute of Bankers of Nigeria that being a professional banker is not the... Read more »