CBN Defends Forex Ban On Stockfish Importation   The Central Bank of Nigeria, has said that the foreign exchange restriction imposed on importation of stockfish was to resuscitate the domestic fishery industries, conserve foreign exchange (forex), and improve employment generation. This follows...

We Are Ready To Evacuate Nigerians From Sudan — Air Peace Boss   Air Peace, a private airline in Nigeria has disclosed its readiness to evacuate stranded Nigerians in Sudan, North-East Africa for free if the Federal Government can get them...

Currency Outside Banks Above N843bn – CBN   Due to the cash crunch which affected economic activities across the country, the Central Bank of Nigeria (CBN) has disclosed that the currency outside the bank vaults as at the end of February...

Stock Investors Lose N304bn In One Week   The All-Share Index and market capitalisation depreciated by 1.08 per cent to close the week at 51,355.74 as the market capitalisation shed N304bn to close the week at N27.963 tn. The year-to-date returns...

Transaction Errors: 4.6million Customers Groan, Demand N137bn From Banks   Six Deposit Banks in Nigeria received 4,595,628 million complaints from their customers within a period of one year with the total amount of refund being claimed hitting N137.62bn. This was disclosed in...

Insurance Claims Now N1.5trn - NAICOM   Insurance companies paid N1.5trn claims in six years as businesses increased. The biggest advertisement needed to promote insurance patronage is prompt claims settlement according to industry experts. The Nigerian underwriting companies have so far paid N1.5tn...