The Nigerian Naira traded at a record low on Thursday in a single interbank market trade of $1m, according to Thomson Reuters data. The local currency...
The grand finale of this year’s Nigeria Student Fashion and Design Week (NSFDW) was held recently at the University of Lagos, with Wema Bank rewarding the...
The Federal Government on Wednesday at an auction raised N110bn worth of bonds maturing in 2021, 2026 and 2036, the Debt Management Office said According to...
Guaranty Trust Bank on Wednesday reported 91.38 billion naira half-year pre-tax profit, more than 63.11 billion declared in 2015. The leading fintech bank and one of...
The Central Bank of Nigeria has approved an increase in the maximum amount that could be sold to the Bureau De Change operators from $30,000 to...
The naira recorded marginal gain at the parallel market on Monday and closed at 393 against the United States dollar, up from 397 on Friday. The...
In order to ascertain the actual well-being of banks owing to the nation’s macroeconomic challenges and rising non-performing loans (NPLs), the Central Bank of Nigeria (CBN)...
Nigerian Deposit Money Banks and other financial institutions have been identified as a critical economic sector capable of reviving the ailing economy and reducing the perennial...
The Central Bank of Nigeria has ordered workers in all the 19 Deposit Money Banks in the country to declare their assets. The move analysts say...
Textile manufacturers in the country have appealed to the Federal Government to stop selling gas to local industries in dollars. According to them, the payment of...
