As of August 1st, 2023, the dollar to naira exchange rate is 1 USD to 867 NGN at the black market. This means that for every...
The bank also emerged as the Best Corporate Governance Bank, Nigeria, in the World Finance Corporate Governance Awards 2023, retaining the award for a second consecutive...
The regulated pension industry in Nigeria has seen remarkable growth, reporting a 17.5% year-on-year increase in assets under management (AUM) to reach an impressive N16.8 trillion...
Solid Revenue Performance and Digital Channel Growth Drive Impressive Results
Chairman Powell Leaves Room for Further Rate Hikes Based on Incoming Data
Refinitiv, an LSEG (London Stock Exchange Group) business, today released the H1 2023 investment banking analysis for the Sub-Saharan African. According to the report, an estimated US$293.4 million...
Rather than stem inflationary pressures and encourage FX inflows, I believe the hike may lead to inadvertent volatility in the market
The Central Bank of Nigeria (CBN) has issued a directive to banks to lift the post-no-debit restrictions on the bank accounts of 440 individuals and companies....
The Central Bank of Nigeria‘s Monetary Policy Committee (MPC) has hiked interest rate by 25 basis points from 18.5% to 18.75% on Tuesday. The announcement was...
The meeting commenced with the ordinary business proceedings, where reports from various stakeholders were laid before the members.
