BANKING

MoneyGram has announced it is the first money transfer company to offer customers in France, Germany, Ireland, Italy and Spain a way to send money to most personal Nigerian Naira...

Trading activities on the floor of the Nigerian Stock Exchange, NSE, closed Monday, December 21,in the green zone. The All share Index soared by 0.72 per cent to close at...

The Manufacturers Association of Nigeria has advised the Central Bank of Nigeria to stop funding Bureau de Change operators, saying that this would assist in ameliorating the current foreign exchange...

Investors that trade on unlisted securities on NASD OTC Securities Exchange Plc lost N26.39 million of their investment in the market last week as apathy continues to run through the...

The Central Bank of Nigeria, CBN, is expected to pump $90 million into the parallel market as it plans to shut the official foreign exchange window for the year by...

Bureau De Change (BDC) operators across the country have urged the Central Bank of Nigeria to extend the deadline of the new policy which stipulates that BDC must take the...

In a bid to make financial services more accessible to customers, Diamond Bank PLC, a leading retail bank in Nigeria, and Total Nigeria PLC, have partnered to provide Diamond Bank...

Finance Minister, Kemi Adeosun, has said that Nigeria would borrow internationally and locally to fund the deficit in the 2016 budget. The Minister, in a chat with Bloomberg, Adeosun explained...

The Director, Monetary Policy Department of the Central Bank of Nigeria, CBN, Moses Tule has blamed the protracted crash of the naira on currency speculators. Tule said the speculators mounted...

How To Open A Domiciliary Account In Nigerian Banks - A foreign currency denominated account designed for both individuals and corporate entities. Account can be funded through cash deposits, inflows...