Guaranty Trust Holding Co., the parent company of Guaranty Trust Bank, has exceeded all forecasts by revealing a $468 million windfall from its foreign exchange holdings....
A recent crackdown has resulted in the dismissal of 110 bank employees over the past two years due to their involvement in various fraudulent activities. This...
As of August 31st, 2023, the dollar to naira exchange rate is 1 USD to 920 NGN at the black market. This means that for every...
Stanbic IBTC Holdings Plc, a prominent financial institution, has unveiled its half-year 2023 financial report. This report reveals a 121.46 percent increase in Profit After Tax...
Market intelligence suggests that Bureau de Change (BDC) operators in Nigeria could be heading for a showdown with the Central Bank of Nigeria (CBN) due to...
The Central Bank of Nigeria (CBN) has announced that it has repaid 85% of the Chinese yuan (CNY) borrowed from the currency swap agreement with China....
For the second year running, leading financial institution, Fidelity Bank Plc, has emerged the company with the highest earnings per share on the Nigerian Exchange Limited...
The Nigerian stock market made a triumphant turnaround as investors rekindled their enthusiasm for BUA Foods Plc, Dangote Sugar Refinery Plc, and Transnational Corporation Plc, igniting...
The National Insurance Commission (NAICOM) has raised concerns about the adverse effects of the ongoing foreign exchange crisis and inflationary trends on the insurance sector, with...
Non-Compliance with Audited Financial Statements and Quarterly Reports Submission Results in Penalties