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.
Nigerian banks, traders who participated in trading in the Nigerian Autonomous Foreign Exchange Market (NAFEM) quoted new exchange rate higher than black market.
Summit Bank has announced that it has received approval from the Central Bank of Nigeria to begin operations as the latest Islamic bank in the country.
The Central Bank of Nigeria has increased the customs exchange rates for cargo clearances at Nigeria's ports as the naira depreciates further in forex markets.
The Maltese authorities have released the list of top 20 occupations currently lacking workers and are asking Nigerians and other foreigners to apply
A new investigation has revealed that refueling a 12.5 kg cylinder in Lagos now costs N15,600; a 6 kg cylinder costs N7,800; and 1 kg costs N1,300.
Aliko Dangote, Chairman of the Dangote Industries, has suffered a massive wealth loss after Dangote Cement suffered a mild loss on the richest people.
Nigerian banks, in adherence to the Central Bank of Nigeria loan policy, have extended more loans to their customers through various products and services.
The Central Bank of Nigeria has again intervened in the foreign exchange market against the US dollar as it aims to crash the dollar by improving liquidity.
Internet fraudsters discovered a glitch and exploited it to steal over N6.5 billion from Nigerian bank's accounts, highlighting the growing need for robust security.
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