The Nigerian Naira plunged to a record low against the US dollar on Sunday at the parallel market. The local currency was sold for 414 per...
United Bank for Africa Plc (UBA) on Thursday announced pre-tax profit of N40.270 billion for the second half of the year. That is a 3.1 percent...
Naira Hits Record Low of 409 Per Dollar The Nigerian Naira hit a record low against the US dollar on Thursday, following the Central Bank of...
The naira tumbled to 402 at the parallel market on Wednesday, a day after the Central Bank of Nigeria banned nine banks from the foreign exchange...
The Nigerian stock market (equity category) depreciated by N438bn between August 24, 2015 and August 24 this year. The Nigerian Stock Exchange All-Share Index also slid...
Foreign currency speculators, who launched an unprecedented attack against the naira in the last two weeks, got their fingers burnt on Tuesday when the nation’s currency...
Deposit Money Banks have yet to comply with the Central Bank of Nigeria’s directive asking them to sell $50,000 from Diaspora remittances to Bureau De Change...
Sterling Bank Plc says it has concluded plans to carry out tree planting exercises in three states in the northern part of the country. The lender...
A total of 463.1 million financial transactions worth N33.87trn were settled by the banking sector between January and July this year, figures released by the National...
The Naira rose 5.2 percent to 308 against the US dollar on Friday after the Central Bank of Nigeria intervene to support the embattled currency at...