The number of commercial banks in Nigeria is set to reduce following the Central Bank of Nigeria drive to ensure banks meet its capital requirements before 2026.
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Zenith Bank set to open branches in another African country
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Nigerian bank shuts down, updates social media accounts to new name
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Dangote leads as Nigeria’s second richest man loses over $500m in one day, gets new ranking
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FG launches new credit scheme, invites youths to borrow up to N5m in minutes
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UK bans foreign recruitment in 100 job roles, Nigerians among those hit by new policy
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Good news as Nigerian civil servants get set to receive N100 billion credit alert
CrediCorp is set to kick off the disbursement of President Bola Ahmed Tinubu’s consumer credit scheme to economically active Nigerians nationwide.
New naira exchange rates as Aliko Dangote offers fresh hope
The naira has adjusted against the US dollar, with new exchange rates impacting the currency, while Dangote Refinery offers fresh hope to Nigerians.
CBN updates naira exchange rate against US dollar, pound, euro
The Nigerian currency has appreciated against the US dollar in both the official and unofficial foreign exchange markets as the CBN pauses forex sales.
No more N2,050/£: Naira weakens, British Pound strengthens as local currency struggles amid pressure
According to CBN data, as of August 31, 2024, the local currency closed at N2,105/£ compared to the starting amount of N2,050/£ at the beginning of the month.
Naira crashes at black market, traders sell dollar, euro, pound at new exchange rates
The Nigerian currency has depreciated further against the United States dollar in the unofficial market as the market awaits the CBN interventions.
Nigerian billionaire, Mike Adenuga defies naira loss to gain millions of dollar
Mike Adenuga has experienced a gain in wealth of over $500 billion in only a single year, which sets him apart from most of the country's billionaires.
Dollar, pound, euro exchange at new rates in official, black markets as Naira depreciates
The Nigerian currency has depreciated again against the US dollar, pound, and euro ending August with N28.56 loss despite the CBN's recent interventions.
Meet top 5 wealthiest billionaires in Africa in 2024 as Dangote loses $3.8 million in 24 hours
According to the Bloomberg Billionaire Index, Africa's richest have experienced a significant drop in net worth this year, with Dangote being the most affected
Elon Musk leads list of 10 richest men in the world in 2024 as Dangote gets new ranking
The list of the world’s richest men has changed again, with Elon Musk leading the pack, while Aliko Dangote has lost his crown as the richest man in Africa.
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