Banking
Naira slides to N1,308.52/$ at official market
The Naira on Wednesday further depreciated at the official market, trading at N1,308.52 to the dollar. Data from the official...
UBA branches shut in Kaduna over alleged N14.3 million unpaid tax
The Kaduna Internal Revenue Service (KADIRS), on Wednesday, sealed the United Bank for Africa branches in the state metropolis over...
Naira falls to N1,300/$ on official market
The Naira on Tuesday depreciated at the official market, trading at N1,300.15 to the dollar. Data from the official trading...
Naira loses 6% against dollar at official market, trades N1,234/$
The Naira on Monday slightly depreciated at the official market, trading at N1,234.49 to the dollar. Data from the official...
Naira records decline at unofficial market after six weeks
The naira has maintained a rate of above the N1200/$ band at the unofficial market for days, bringing about a...
Olusegun Alebiosu appointed First Bank CEO
Olusegun Alebiosu appointed First Bank CEO First Bank of Nigeria Limited has appointed Olusegun Alebiosu as its acting Chief Executive...
Mobile money transactions rose to N17 trillion in Q1 2024 – NIBSS
Transactions by Mobile Money Operators (MMOs) in Nigeria rose to N17.2 trillion in the first quarter (Q1) of 2024. This...
CBN not defending naira with external reserves – Cardoso
Governor of the Central Bank of Nigeria (CBN) Yemi Cardoso has responded to insinuations that the bank is defending the...
BDCs now buying dollars at N980/$ — Official
President of Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe has disclosed that Bureau de Change (BDC)...
Naira makes huge recovery, gains 7.2% against dollar
The Naira on Friday experienced huge appreciation at the official market, trading at N1,142.38 to the dollar. Data from the...