The Central Bank of Nigeria (CBN) has closed 42 microfinance banks, according to the latest report from the Nigeria Deposit Insurance Corporation (NDIC). In the report...
UBA Reduces Paper Usage to 15 Percent in 2019 United Bank for Africa (UBA) Plc said the introduction of paperless policy across its operations in 2019...
Zenith Bank Posts N178 Billion Profit After Tax in 2019 Zenith Bank, Nigeria’s most profitable bank, has said it invested over N12 billion through targeted interventions...
Dangote Cement Reports N891.7 BillionĀ Revenue for 2019 Dangote Cement Plc, a leading cement manufacturer in Sub-Saharan Africa with operations in ten countries, on Friday released...
Nigerian Investors Gained N1.334 Trillion Following Reopening of Land Borders The Nigerian Stock Exchange (NSE) extended its bullish run last week after President Muhammadu Buhari approved...
New Type of COVID-19 Weighs on Crude Oil Price The price of Brent crude oil declined by 97 cents or 1.9 percent to $51.29 per barrel...
Central Bank of Nigeria Orders Closure of all International Money Transfer Operators’ Naira Accounts In an effort to ensure that all Deposit Money Banks adhere to...
Naira exchange rate to the United States Dollar improved by N1 to N477, better than the N478 it exchanged on Thursday. Daily Naira Black Market Exchange...
Senate Sets Oil Benchmark at $40 Per Barrel and Naira-US Dollar Exchange Rate at N379/US$ The Senate has pegged crude oil at $40 per barrel and...
Retrieve Your NIN via USSD Code for Free, Says Federal Government The Federal Government through the Ministry of Communications and Digital Economy has ordered the National...