The Central Bank of Nigeria (CBN) has announced the reversal of a 2015 circular that prohibited access to foreign exchange (FX) for 43 specific items. Isa...
The Federal High Court in Lagos is set to commence proceedings to decide the fate of the 11th Annual General Meeting (AGM) of First Bank Holdings...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of October 11th, 2023, the dollar...
In an effort to address Nigeria’s persistent foreign exchange liquidity crisis, Nairagram, a licensed International Money Transfer Operator, has announced a partnership with the Central Bank...
Dr. Tunde Lemo, a former Deputy Governor of the Central Bank of Nigeria, cautioned against the hasty implementation of a free-floating exchange rate for the Naira....
The Association of Senior Staff of Banks, Insurance, and Financial Institutions (ASSBIFI) has issued a dire warning to Heritage Bank Plc., sparking a potential labor dispute...
To mark the 2023 Customer Service Week, Unity Bank Plc customers will win prizes while participating in engagement activities lined up for the week-long celebration. From October 2...
Deposit Money Banks (DMBs) in Nigeria have seen an 82.15 percent decline in borrowing from the Central Bank of Nigeria (CBN) under the Standing Lending Facility...
In the first half of 2023, customers of Nigeria’s top nine commercial banks paid a whopping N154 billion in fees for utilizing electronic banking services, reflecting...
Parent Company of Access Bank Celebrates Remarkable Financial Performance in H1'23