Once again, protests have erupted in Nigeria over the lingering scarcity of the Naira, the country’s official currency. This time, videos circulating on social media show...
This scarcity of foreign currency may lead to payment delays, which could potentially constrain the banks' ability to repay their own foreign currency liabilities.
One of the challenges confronting the cashless policy of the Federal Government is the dearth of software engineers at the money deposit institutions to fix complaints...
The Central Bank of Nigeria (CBN) has ordered the freeze of accounts related to Abdul Rehman Makki, a Pakistani linked to a terror group, Al-Qeada, by...
More startling discoveries have continued to rattle Nigeria’s banking sector following scarcity of the new naira notes. In some parts of the country, some senior officials...
Jaiz Bank reported an increase in its profit for the year 2022 to N6 billion. The financial report seen by Investors King shows that the value...
If the Central Bank of Nigeria (CBN) had known that redesigning the N1000, N500 and N200 notes could threaten the economy of the nation as it...
As agents of the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices and Other Related Offences Commission (ICPC), and Department of State Security (DSS) have...
The Central Bank of Nigeria, CBN has uncovered N6 million new naira notes hoarded by a commercial bank in Ekiti State. The apex bank decried the...
Since the Central Bank of Nigeria (CBN) announced the extension of deadline for return of the old naira notes, checks by Investors King has revealed that...