The local currency traded at N803.9 to a dollar in the Investors & Exporters (I&E) window, which serves as the official forex market, and N822/$ in...
Ecobank Nigeria and FBN Holdings Engaged in Dispute Over Acquisition as Market Capitalization Shrinks
Brent crude falls 1.7% while US West Texas Intermediate sheds 1.6% due to Chinese economic slowdown
The subsidiaries to be acquired by Access Bank include those in Angola, Cameroon, Gambia, and Sierra Leone, along with Standard Chartered's consumer, private, and business banking...
The redemption of this Eurobond, which was part of a dual-tranche USD1 billion issuance, demonstrates Nigeria's commitment to maintaining financial stability under former President Goodluck Jonathan.
CBN's move to introduce Naira remittance pay-outs alongside foreign exchange seeks to boost Nigeria's economy
Investors seized the opportunity to take profits in prominent stocks such as FBN Holdings, Transcorp, and ETranzact, leading to a significant drop in market value.
Brent oil, against which Nigerian oil is priced, fell 6 cents to $79.34 a barrel while the U.S. West Texas Intermediate (WTI) crude slipped 6 cents...
The exchange rate has reached over N1000 to £1, leaving many Nigerians worried about the future of their currency.
The demand stems from an alleged unsettled debt of N13.5 billion Otudeko owed Ecobank Nigeria Limited.