Union Bank of Nigeria has announced a revision in the stake acquisition price for minority shareholders, increasing it from N7 per unit to N7.70. The disclosure...
The Nigeria Deposit Insurance Corporation (NDIC) has issued a clarification and refuted recent misleading reports circulating on social media with the headline “CBN Liquidates 20 Banks...
The former Minister and Attorney General of the Federation, Michael Aondoakaa, has commended the Central Bank of Nigeria (CBN) for its crucial role in Nigeria’s triumph...
A new report from Standard Chartered Bank Group anticipates that intra-Africa exports will surge to $1 trillion by 2035 following the implementation of the African Continental...
The Central Bank of Nigeria (CBN) has initiated stringent measures, leading to the revocation of licenses for Allied Bank and 19 other financial institutions. The Nigeria...
A recent analysis of data from the Central Bank of Nigeria (CBN) indicates that the total balance in domiciliary accounts within the nation’s commercial and merchant...
The African Development Bank (AfDB) has projected that Africa’s food and agribusiness sector could hit a $1 trillion valuation by 2030. Dr. Akinwumi Adesina, the President...
Six Nigerian leading banks report a 214% surge in profit to N2.06 trillion in the nine months ended September 2023. This impressive performance comes despite the...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of November 6th, 2023, the dollar...
Despite growing economic uncertainties and rising inflation rate in Nigeria, stock investors pocketed N1.672 billion in gains last week. During the week, investors traded a total...
