Naira to Maintain Momentum against the Dollar in Coming Weeks, Expert Predicts
Techeconomy Dr. Wunmi Bewaji, a securities and Financial Regulation Expert, has revealed that the current momentum of Nigeria’s naira…
Finance
Access Bank Acquires National Bank of Kenya, Strengthening Presence in East Africa
Joan Aimuengheuwa The bank sees the acquisition as a stimulus for collaboration that will drive both economies forward and redefine…
CBN Clears All $7b Forex Backlog
The Central Bank of Nigeria (CBN) has cleared all $7 billion foreign exchange (forex) backlog inherited by Governor…
Naira strengthens to N1400/$ on the parallel market
Parallel market operators are quoting a buy price of N1400/$1 for holders of dollars looking to sell marking…
NGX: Equities Market Loses N168bn
The Nigerian equities market yesterday closed on a negative note with selloffs in Julius Berger Plc and 23…
Again, Senate Summons Cardoso over Fresh Discoveries in N30tn Loans
The senate Ad-hoc Committee has concluded plan to summon Mr. Olayemi Cardoso, the governor of the Central Bank…
How Dangote, MTN, Five Others Lost N1.7tn – NGX Report
Analysis from Nigerian Exchange Group (NGX) reports reveals that Dangote Group, Nestle and MTN Nigeria alongside four of…
Naira Closes at N1,560.57/$1 at Official Market on Tuesday
The Nigerian Autonomous Foreign Exchange (NAFEM), saw a notable appreciation on Tuesday, with the closing rate standing at…
Nigeria’s Headline PMI Drops in February to 51.0
Price pressures intensified in the Nigerian private sector during February and were unprecedented in over a decade of…
Naira Begins the Week on a Positive Note
Nigeria’s foreign exchange (FX) market began on a positive note on Monday as the naira appreciated to N1,572.86…
Why Only Seven Nigerian Banks May Meet CBN Recapitalisation Requirements – EY
Ernst and Young, a multinational professional services partnership, and one of the largest professional services networks in the…
Cardoso Fires Five Top Directors at CBN
Mr. Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has fire five top directors in…
More Millionaires Emerge in the Stanbic IBTC Bank Reward4Saving 3.0 Draw
Stanbic IBTC Bank’s Reward4Saving 3.0 promo quarterly draw has once again produced a new batch of millionaires and…
FG in Talks with The World Bank for $1billion Loans
The Federal Government is in talks with the World Bank to complete the processes of obtaining over $1bn…
Tinubu’s Govt Earmarks N100billion for CNG Vehicles, N60billion for Student Loans
The federal government has stated it has earmarked around N100 billion as Energy Transition Fund to provide Compressed…