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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Nigerian bank invites students to apply for its scholarship, deadline nears
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Dollar crash: Naira exchange rate strengthens to highest level in 7 months
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FG set to give new order on tax payment in dollars, import duty
The FG might have begun to implement a plan to eliminate import tariffs on essential goods such basic foods, prescription drugs, and other supplies for six months.
Cooking in Nigeria gets more expensive as traders quote new garri, rice, other food items prices
The National Bureau of Statistics has released a new report showing that the price of food items across various markets in the country increased again.
Expert predicts naira to dollar exchange rate for next month
Bismarck Rewane, the chief executive officer of Financial Derivatives Company has predicted how the naira will perform against foreign currencies in the next months.
“Only 4,000 have N5m”: NDIC begins deposit refund to Heritage Bank’s customers, gives details
The Nigerian Deposit Insurance Corporation is preparing to refund customers of Heritage Bank, which had its banking license revoked by the Central Bank of Nigeria.
Forex traders sell dollar at new exchange rate as naira depreciates in official market
Nigerian currency value was unchanged against the US dollar, British pound, and the euro as organized labour's strike action affected economic activities.
Naira vs dollar: Experts propose what CBN, FG must do to strengthen Nigeria's currency
Renowned financial experts, Rewane and Oye have suggested ways by which the government can stabilise the naira for it to compete favourably with the US dollar.
CBN speaks on reported plans to close down 3 commercial banks after Heritage Bank
The Central Bank of Nigeria (CBN) has denied reports circulating online that it is planning to revoke the licenses of Unity, Polaris, and Keystone banks.
Naira starts June strong as dollar sells at new exchange rate, British pound nears N2,000
The Nigerian currency has started the month of June with an improvement against the US dollar in the official and unofficial foreign exchange markets.
IFC Awards Access Bank ‘Best Trade Partner Bank West Africa’
Access Bank has been recognised as the ‘Best Trade Partner Bank West Africa 2024’ by the International Finance Corporation event held recently, in Barcelona, Spain.
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