Mr Omotayo Ezekiel Fajana, a cleric, was found dead in a hotel in Akungba-Akoko. Police investigate circumstances; three in custody. Church community in shock.
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.
It is currently difficult for Nigerians to take out cash from banks or automated teller machines (ATMs) around the country based oon new findings.
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The value of Nigerian currency continues to remain distorted despite efforts by the Central Bank of Nigeria to stabilize the market and ensure liquidity.
Due to the Central Bank of Nigeria's (CBN) delayed currency disbursements to BDCs, banks and end users' demand for dollars has increased in the parallel market.
After losing continuously against the British pound for the past week, the Nigerian Naira has made significant gains against it in the previous day or two.
South Africa, Mauritius, Kenya, and Egypt are among the 11 African countries with high-paying jobs for immigrants on the continent as Nigeria ranks far on the list.
The value of the Nigerian currency recovered in the unofficial foreign exchange following a recent depreciation that has left the senate and others worried.
The Central Bank of Nigeria has announced a new customs exchange rate for cargo clearances at Nigeria's ports as the naira continues to depreciate in forex markets.
To meet the new capital requirements set by the Central Bank of Nigeria (CBN), big banks have sprung into action by looking to raise their capital base.
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