Akinwunmi Adeshina, the President of the African Development Bank, announced on Tuesday that the institution is committed to providing $25 billion for climate finance by the...
The ambitious Anchor Borrowers’ Loan Scheme, initiated by the Central Bank of Nigeria to boost cash flow for agricultural production in the country, is encountering hurdles...
Guaranty Trust Holding Company (GTCO), Nigeria’s foremost financial institution by market value, has emerged as a beacon of resilience and profitability. The company recently reported a...
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...
