Ireland deports 42 South Africans, including families, in its fourth charter flight of the year, highlighting ongoing issues of criminality and migration management.
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.
American Express and O3 Capital have launched Nigeria's first business credit card, offering Nigerians a more hassle free dollar based transactions.
The Association of Bureau de Change Operators of Nigeria (ABCON) has announced measures to help naira recovery amidst traders selling dollar at new rates.
First Bank of Nigeria Limited has announced in a statement on NGX the appointment of a new chairman as Hassan-Odukale steps down from office after 12 years.
Significant events in 2024 in several African countries warped the macroeconomy and affected the wealth of billionaires through factors like inflation and others.
Commercial banks have announced to customers that it has begun charging stamp duty on mortgage-backed loans on all accounts as instructed by federal government.
Nine fintech companies have frozen 105 accounts that were connected to money laundering, financing of terrorism, and prohibited foreign currency transactions.
The Central Bank of Nigeria has decided to change the date when Nigerians will begin to pay charges for depositing cash into their bank accounts at banks.
Nigerian currency recorded another poor performance against the United States Dollar at the official market known as the Nigerian Autonomous Foreign Exchange Market.
Aliko Dangote, president of Dangote Industries Limited, said that the devaluation of the local currency in 2023 will be the company's biggest challenge.
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