LAGOS (Reuters) – Officers from Nigeria’s financial crime agency attempted to arrest an executive at Standard Chartered’s building in Lagos on Friday but left after the executive barricaded herself in an office, sources said....
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The Central Bank of Nigeria, CBN has barred 15 commercial banks from dealing in foreign exchange through the recently created small and medium enterprises, SMEs wholesale forex window.
PREMIUM TIMES reports that barred due to persistent complaints that they were deliberately frustrating...
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London's FTSE 100 headed lower on Wednesday as Standard Chartered topped the losers' list for the second day running.
The Asia-focused bank fell 2.9% in early trade, after shedding 5.4% on Tuesday on the back of a disappointing third-quarter update.
Other banks followed suit, with RBS falling...
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Nigeria’s Finance Minister, Kemi Adeosun, met with London-based investors on Tuesday 7th June to provide an update on the government’s plans for economic reform, investment and growth.
The day-long event organised by Standard Chartered Bank was aimed at updating holders of the Federal...
Following the continued widening of the gap between the value of the naira on the black and official markets, a devaluation is now inevitable, Samir Gadio, head of Africa strategy at Standard Chartered Bank said.
"With pressure on foreign reserves and oil prices at $30 per barrel, devaluation...