Renewed Hope Budget: Tinubu accords security, job creation, poverty reduction, priority in N27.5tr Budget By maritimemag
Financial News Nigeria’s central bank declares AbokiFX founder wanted Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has declared the founder of AbokiFX, Oniwinde Adedotun, wanted, describing him as an ... By maritimemagSeptember 18, 20210
Financial News CBN warns commercial banks over forex malpractices  The Central Bank of Nigeria has warned Deposit Money Banks to always observe due diligence and desist from all forms of malpractices ... By maritimemagSeptember 13, 20210
Financial News CBN directs banks, PSPs to process bulk payments on their platforms The Central Bank of Nigeria (CBN) has announced that all bulk payments must be processed on the platforms of banks and payment service ... By maritimemagSeptember 10, 20210
Financial News CBN orders banks to publish names, BVN of forex defaulters The Central Bank of Nigeria has directed all banks to publish names of customers who try to break the rules on Forex acquisition ... By maritimemagSeptember 1, 20210
Economy Nigeria is borrowing sensibly and responsibly — Finance Minister The Federal Government has reasurred Nigerians that the economy is on the path of recovery. The Minister of Finance, Budget and National Planning, ... By maritimemagSeptember 1, 20210
Aviation Forex scarcity bites harder as $143.8m foreign airlines revenues trapped in Nigeria Abiola Seun Scarcity of foreign exchange in the country has affected the repatriation of $143.8 million foreign airline revenues from ticket sales, cargo space, and ... By maritimemagAugust 25, 20210
Economy Presidents Buhari, Kagame to attend CIBN banking conference President Muhammadu Buhari and President Paul Kagame of Rwanda are among dignitaries expected to attend the 14th annual banking and finance conference organised ... By maritimemagAugust 22, 20210
Economy CBN threatens to revoke licences of MFBs engaging in FX transactions The Central Bank of Nigeria (CBN) has threatened to revoke licences of microfinance banks dealing in foreign exchange (FX) transactions. The apex ... By maritimemagAugust 21, 20210
Economy CBN asks banks to block accounts of 18 companies The Central Bank of Nigeria (CBN) has directed banks to place a post-no-debit on the bank accounts of 18 companies. A post-no-debit ... By maritimemagAugust 21, 20210
Financial News Nigerian banks to digitise forex sales The bankers’ committee, on Thursday, announced plans to begin the sale of foreign exchange to customers through the platform of the Nigerian Inter-bank ... By maritimemagAugust 15, 20210
Financial News Nigeria’s inflation rate may drop to single-digit by 2022 – CBN The Central Bank of Nigeria (CBN) has said that the country’s inflation rate may drop to 13 percent this year and single-digit by ... By maritimemagAugust 15, 20210
Customs & Excise 40% of vehicles smuggled into Nigeria annually -FG Abiola Seun The Minister of Finance, Budget and National Planning, Ms Zainab Shamsuna-Ahmed, has said that 40 percent of vehicles in Nigeria are ... By maritimemagAugust 4, 20210
Financial News Dangote Cement posts N191.6 billion profit in six months The Dangote Cement, has posted a Profit After Tax (PAT) of N191.6 billion, after a tax charge of N89.6 billion in its unaudited ... By maritimemagAugust 2, 20210
Economy CBN to refund capital deposit, licensing fees to BDCs The Central Bank of Nigeria has said it will commence the refund of the N35 million minimum capital deposits to applicants of Bureau ... By maritimemagJuly 31, 20210
Financial News Naira in free-for-all fall after Central Bank clampdown on BD Nigeria’s currency fell 3.3% to hit a record low of 522 naira against the dollar on the black market on Wednesday, after the ... By maritimemagJuly 30, 20210
Financial News Forex: CBN directs commercial banks to set up teller points. The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches for the sale ... By maritimemagJuly 30, 20210
