The NDC has reportedly nominated a popular and influential critic of the APC as its governorship candidate in Lagos for the 2027 general elections.
Naira weakens to N1,360/$1 at the official market as tight FX inflows, lower oil receipts and reduced CBN interventions pressure currency stability across markets.
Renowned financial experts, Rewane and Oye have suggested ways by which the government can stabilise the naira for it to compete favourably with the US dollar.
The Central Bank of Nigeria (CBN) has denied reports circulating online that it is planning to revoke the licenses of Unity, Polaris, and Keystone banks.
The Nigerian currency has started the month of June with an improvement against the US dollar in the official and unofficial foreign exchange markets.
Access Bank has been recognised as the ‘Best Trade Partner Bank West Africa 2024’ by the International Finance Corporation event held recently, in Barcelona, Spain.
The Central Bank of Nigeria (CBN) had its most dollar sales in a single month in May 2024 when it intervened in the foreign exchange market to bolster supplies.
The National Union of Banks, Insurance, and Financial Institutions Employees has asked workers to join the ongoing Nigeria Labour Congress nationwide strike.
The International Air Transport Association reported that Nigeria has requested final approval and paid 98% of the airlines with funds that are still in the country.
The license of Heritage Bank Plc has been terminated, effective immediately, according to a recent announcement from the Central Bank of Nigeria (CBN).
The Nigeria Deposit Insurance Corporation (NDIC) has a message for customers of Heritage bank as Central Bank of Nigeria revokes banking license.
Money
Load more
