Money Market

Godwin Emefiele5

CBN Says Banks Violating International Money Transfer Laws as Naira Continues to Slide in Parallel Market

August 27, 2016/The Will The Central Bank of Nigeria (CBN) says commercial banks are circumventing its international money transfer rules by criminally opening multiple company and personal accounts where they… Read more »

First Bank logo new

FirstBank Partners Nigerian-British Chamber of Commerce to Drive MSME Growth

August 26, 2016/First Bank of Nigeria Ltd Nigeria’s premier financial Institution and most valuable bank brand, First Bank of Nigeria Limited has partnered the Nigerian-British Chamber of Commerce (NBCC) to… Read more »

Naira Dollar

Naira Reaches N412 – $1 In Black Market

26/8/2016/The Will The naira Thursday dropped to previously unseen levels, exchanging for as low as N412 to $1 in the unofficial market (black market) from N407 where it closed on… Read more »