President Bola Tinubu and the ruling APC have announced the state where they will kick off their 2027 election campaign and revealed the date for the launch.
Nigeria’s naira hits a two-year high as stronger FX inflows, rising reserves and improved market liquidity boost confidence despite the latest rate cut.
The Nigerian currency has depreciated to N1,386.70/$1 in NAFEX on March 25, with official and black market rates declining amid limited CBN forex supply.
The CBN has reassured the public that Union Bank Plc remains stable and capable of meeting its obligations, following a court ruling on the bank’s leadership.
A Federal High Court in Lagos has ruled that the CBN acted beyond its statutory powers when it dissolved the board of Union Bank of Nigeria in January 2024.
The CBN has directed all International Money Transfer Operators (IMTOs) in the country to open and maintain naira settlement accounts with authorised dealer banks.
The CBN has reassured Nigerians that the country’s banking sector remains stable and secure amid ongoing concerns over the recapitalisation exercise.
Nigeria's naira gains strength, closing at N1,382.63 per dollar, amidst a 45% surge in foreign exchange inflows, reflecting improved market liquidity and resilience.
Explore the top-paying career opportunities in commerce in Nigeria. Read on for where to work, salary ranges, and certifications like ICAN, ACCA, and CFA.
Aliko Dangote hits $32.5bn, ranks 64th globally, tops Africa rich list, extends lead as wealth rises amid strong NGX-driven industrial profit surge.
Nigerian billionaire Abdulsamad Rabiu's net worth has surged to $14.6bn, making him Africa's third-richest man, driven by BUA Cement and ambitious expansion plans.
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