Buhari nominates Adamu as CBN deputy governor

President Muhammadu Buhari has nominated  Mr. Edward Lametek Adamu, a Christian from Gombe State, as the new deputy governor of the Central Bank of Nigeria (CBN) to replace Mr. Suleiman Barau from Zaria, Kaduna State, […]

Govt to halt physical movement of dollars, others

The Federal Government is set to begin strict border controls on the physical movement of dollars and other foreign currencies The Punch reports. This is expected to mitigate foreign exchange scarcity and check money laundering […]

Ntel, MTN, Airtel, 13 Other firms bid for 9mobile

16 firms have submitted expressions of interest (EoIs) to Barclays to bid for Nigeria’s fourth largest network operator, 9mobile THISDAY reports. Companies that have expressed interest in 9mobile, which until recently was Etisalat Nigeria Limited, […]

FLASH | FG borrowing too much- CBN warns

The Central Bank of Nigeria, CBN, has expressed concern over the borrowing attitude of government, saying the pace has exceeded the target for the 2017 fiscal year. The CBN said this at its Monetary Policy […]

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