New Zealand has set a commencement date for Nigerians and others to apply for three-year seasonal worker visas in critical sectors such as agriculture.
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Nigerian billionaire's company promises to revive 100 oil wells in 100 days
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CBN moves to lock out POS operators' machines, reasons emerge
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CBN releases new exchange rate to buy and sell dollars as naira crashes
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Foreign reserves rise to highest level in 4 years, CBN releases new exchange rates
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First Bank announces new name, shareholders approve new identity
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Hackers gain access to Central Bank of Uganda, steal $17 million
Uganda's finance ministry denied allegations that hackers took up to $17m but confirmed reports that hackers gained access to the central bank's networks.
UBA set to begin full banking operations in France, Elumelu shares vision, plans
United Bank for Africa (UBA) has signed an agreement to begin full banking operations in France, marking a significant milestone in its expansion plans.
GTbank sends message to customers on service disruption, apologies
Guaranty Trust Bank has apologised to its customers for experiencing service disruption following its transition to the new finacle Suite system.
Rewane advises CBN to stabilise Naira, tame money growth
Bismarck Rewane has sent a message to the Central Bank of Nigeria on the steps to stabilise the naira, control the money supply, and address forex shortages.
Finally, Access Bank confirms acquisitions of two subsidiaries in two countries, targets more
Access Bank subsidiary has announced the acquisition of Standard Chartered subsidiaries in Angola and Sierra Leone, with plans underway for further acquisitions.
Report gives new naira prediction for 2024 as currency becomes worse-performing
Despite the CBN's intervention to maintain the currency, the naira is predicted to continue its volatility and conclude the year at N1,621.7 to the US dollar.
CBN reduces customs exchange rate to clear goods as Naira appreciates against US dollar
The Central Bank of Nigeria has made changes to the Nigerian Customs' dollar exchange rate, which importers use to clear goods at airports and ports.
Again, CBN raises interest rates, banks to adjust savings accounts and loans
The Central Bank of Nigeria, Monetary Policy Committee (MPC) led by Olayemi Cardoso, has announced another increase in interest rates to fight inflation.
Naira crashes against US dollar in foreign exchange markets
The Nigerian currency has lost more value against the dollar in the official Nigerian Autonomous Foreign Exchange Market (NAFEX) and unofficial FX market
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