By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Monday revoked the Licenses of 47 Finance Companies and have warned the General Public. This is contained in a Public Notice from the CBN and obtained by www.investadvocateng.com. According to the Nigeria’s Central Bank, following the recent Routine Examination carried out […]

Press Release The Central Bank of Nigeria (CBN) having monitored the partial implementation of the Cash-less Policy in Lagos State and following discussions with various stakeholders on the effective implementation of the project, has decided to reassess the policy to allow for smooth transition and adoption in Lagos State in […]

The Nigerian naira weakened marginally against the U.S dollar on the interbank market on Monday as a unit of ExxonMobil sold around $54 million to some lenders, which ofset pressure on the local currency by gasoline importers.  The naira closed at 157.64 to the dollar on the interbank, compared with […]