Five Nigerian financial institutions posted N2.29 trillion in H1 2026 profit before tax, with FirstHoldCo leading and Stanbic IBTC recording the fastest growth.
Five Nigerian financial institutions posted N2.29 trillion in H1 2026 profit before tax, with FirstHoldCo leading and Stanbic IBTC recording the fastest growth.
While the official market appreciated, the naira declined on the parallel market, closing at 1,599.94/$ on Thursday after closing at 1,603.78/$ the previous week.
The Central Bank of Nigeria has released the latest naira to dollar, euro, and other currency exchange rates in both the official and unofficial FX markets.
CBN has announced plans to secretly monitor bureau de change (BDC) operators to ensure they follow rules against money laundering and terrorism financing.
The SEC has responded to concerns surrounding CBEX, a platform at the centre of a major investment scam that has caused many Nigerians to lose billions of naira.
The value of the Nigerian currency has appreciated against the United States Dollar in the official foreign exchange markets amid pressure from lower oil prices.
Access Bank and other financial institutions will be closing their branches nationwide in compliance with the Federal Government’s Easter public holiday.
The value of Nigerian currency the naira has recorded a mixed performance, appreciating against the dollar and falling to the pound and euro in official market.
The former richest man in the world has dropped further on the Forbes billionaires List, falling to 6th place, while Elon Musk retain his position as number one.
Hundreds of Nigerians have lost billions of naira to several Ponzi schemes in the last decade and many more have got their investments hanging in the balance.
Money
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