One person has reportedly been killed in Osogbo, the Osun state capital, after gunmen attempted to gain access to Davido, the award-winning Nigerian singer.
Absa closed 79 branches and more than 100 ATMs as rising digital adoption reshaped banking, while the lender expanded smaller service outlets across South Africa.
The value of the naira is expected to end the year at N1,450 to the dollar, according to global rating agency, Fitch Ratings in a recent report published.
The value of Nigerian currency has improved again against US dollar in both the official and unofficial foreign exchange market against the United States Dollar.
Top banks publicly listed on the Nigerian Exchange with the highest asset base have been revealed, with Access Holdings (Access Bank) leading the table.
The Central Bank of Nigeria conducted a Retail Dutch Auction, approving successful bids at an exchange rate below what is traded in the NAFEM window.
The Central Bank of Nigeria (CBN), Retail Dutch Auction System (DAS) has kicked off and in the first sale over $800 million was sold to 26 banks.
The CBN has provided a clarficiation on its foreign investment rules, requiring evidence of capital importation and redemption of local assets by investors.
The Central Bank of Nigeria (CBN) has denied conducting any investigation into alleged extortion at Ecobank Nigeria, dismissing circulating rumours.
The United Kingdom Higher Commissioner to Nigeria, Richard Montgomery has said that about 430,000 Nigerians received UK visas this year to live and work there.
The Central Bank of Nigeria (CBN) has auctioned $876 million to 26 banks as it aimed to boost Foreign exchange liquidity, with $313.69 million in bids disqualified.
Money
Load more
