The Norwegian government has decided to increase the minimum salary requirement by 11% for foreign workers applying for residence and work permits.
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Dollar crashes in official, black FX markets as CBN releases 9 new exchange rates
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New exchange rates for naira against US dollar, pound, euro in all FX markets
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Top US firm predicts naira to dollar exchange rate by 2028, gives reasons
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Rewane predicts new naira against US dollar exchange rate in June, July
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First Bank announces new name, shareholders approve new identity
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CBN releases how much Access, UBA, GTB, other banks pay as savings rate for deposits
The Central Bank of Nigeria (CBN) has released the latest savings interest rates for Access, UBA, First Bank of Nigeria and other commercial banks in Nigeria,
Naira holds steady as CBN's $190m boost sparks fresh investor optimism
Despite global and local challenges, the naira has remained stable in recent months, thanks to the CBN's reforms and a recent $190 million intervention boost.
Traders quote new exchange rate for dollar as naira appreciates in all FX markets
The value of the Nigerian currency appreciated against the United States dollar in the official foreign exchange markets and experts expect stability.
Naira bounces back, appreciates against US dollar to new exchange rate
The value of the Nigerian currency, the naira, has improved against the United States currency in the Nigerian Foreign Exchange Market (NFEM) after days of losses.
Nigeria’s newest commercial bank announces profit surge following transition
NOVA Bank has announced a record profit following its transition from a merchant bank to a retail bank, after receiving approval from the Central Bank of Nigeria.
AfDB warns of naira depreciation in 2025, predicts steep trends for other African currencies
The African Development Bank forecasts mixed performance for African currencies in 2025, with the naira and cedi expected to decline amid global uncertainties.
Another commercial bank to begin operation, shareholders agree to raise N100 billion
Nigeria is set to get another commercial bank operating in the country, as Abbey Mortgage Bank is working towards transitioning and has started raising funds.
CBN releases latest exchange rates as naira falls for 3 straight days against US dollar
Currency traders and the CBN have revealed that the value of the naira dropped against the US dollar, pound, euro in official and unofficial exchange markets.
Nigerian billionaire Tony Elumelu makes big move, buys more UBA shares
Tony Elumelu has purchased over 45 million UBA shares as the bank prepares to raise its capital base to N500 billion in line with CBN’s directive.
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