Banking
Naira gains N28.85 against dollar at official market
The Naira on Thursday appreciated at the official market trading at N1,658.67 against the dollar. Data from the official trading...
Recapitalisation: Banks raise N1.7 trillion via e-offering
The Securities and Exchange Commission (SEC) says N1.682 trillion has been raised by banks through e-offering in the recapitalisation exercise....
CBN warns bank customers against use of fake Swift messages for FX transfers
The Central Bank of Nigeria (CBN) has cautioned bank customers against the use of fake SWIFT messages during foreign exchange...
Naira appreciates by 0.67% against dollar at official market
The Naira appreciated on Tuesday at the official market, trading at N1,678.93 against the dollar and recovering from a three-day...
Naira depreciates again by 2.3% against dollar at official market
The Naira on Monday depreciated at the official market trading at N1,690.37 against the dollar. Data from the official trading...
Naira depreciates by 0.1% against dollar
The Naira on Friday slightly further depreciated at the official market trading at N1,652.25 against the dollar. Data from the...
Businesses say Naira to keep depreciating – CBN Survey
Nigerian businesses have expressed pessimism about the appreciation of the naira, projecting that it will continue to depreciate before a...
Naira bounces back, appreciates by 2.6% against dollar at official market
The Naira on Wednesday bounced back after consistent three days losses and appreciated at the official market trading at N1,645.40...
New capital requirement will boost financial inclusion — Cardoso
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the new capital requirement for banks operating in...
NDIC to auction Heritage Bank’s landed assets December
The Nigeria Deposit Insurance Corporation (NDIC) says it will begin the auction of landed properties and chattels belonging to the...