Davido was reportedly targeted in an Osun convoy gun attack, with police speaking out on what happened during the incident on Wednesday, August 19.
Absa closed 79 branches and more than 100 ATMs as rising digital adoption reshaped banking, while the lender expanded smaller service outlets across South Africa.
The Central Bank of Nigeria (CBN) has announced plans to inject N1.4 trillion into the banking system over the next three months to improve cash flow.
Nigerian currency has depreciated further against the United States dollar in the foreign exchange markets amid a drop in dollar supply into the forex market.
The Naira has appreciated in value against the US dollar in the official market ahead of the Central Bank of Nigeria's Monetary Policy Committee decision date.
Meta CEO, Mark Zuckerberg is $70 billion richer, the equivalent of his 2022 loss, as he trails Elon Musk and Jeff Bezos in the global billionaire ranking.
The CBN has clarified its Monetary Policy Circular and has removed it from its website while confirming that the cybersecurity levy remains suspended.
The Naira has depreciated in value against the US dollar in the official market but recorded an improvement in the black market ahead of the CBN MPC meeting.
There is strong optimism for naira recovery in the foreign exchange market against the US dollar following decision taken by the US Federal Reserves.
Experts said the CBN's capacity to successfully carry out its mandate and oversee the nation's economy has been severely hampered by the quantity of unbanked money.
Ecobank Nigeria has announced network challenges affecting funds transfers and Point of Sale transactions and has apologized to its customers for the inconvenience.
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