The Nigerian naira appreciated against the U.S. dollar at both the official and parallel markets on Tuesday, February 25, 2025, signaling a modest recovery amid...
Singapore’s largest bank, DBS, has announced plans to reduce its workforce by approximately 4,000 roles over the next three years as artificial intelligence (AI) assumes...
Financial experts have called on the Central Bank of Nigeria (CBN) to take stricter measures against bank directors with non-performing loans by prosecuting them rather...
The Federal Competition and Consumer Protection Commission (FCCPC) have summoned MultiChoice Nigeria to provide explanations regarding its planned subscription price increase, set to take...
Nigeria’s economy recorded a year-on-year growth of 3.84% in real terms in the fourth quarter of 2024, reflecting an improvement from the 3.46% growth rate recorded...
The Chief Executive Officer (CEO) of the Nigerian Financial Intelligence Unit (NFIU), Ms. Hafsat Bakari, has announced that Nigeria is poised to exit the Financial Action...
The Nigerian naira remained stable against the euro in the parallel market following the Conservative victory in Germany’s national election. On February 24, 2025, the EUR/NGN...
Fidelity Bank Plc is making remarkable strides in meeting the recapitalization targets set by the Central Bank of Nigeria (CBN). The bank’s recent capital-raising initiatives...
Samson Esemuede, Chief Investment Officer at Zrosk Investment Management Ltd, has urged Nigerian policymakers to prioritize stabilizing the exchange rate over adjusting interest rates....
A severe diesel supply crisis, sparked by an ongoing strike by Petroleum Tanker Drivers (PTD), is threatening to cripple Nigeria’s telecommunications sector, potentially cutting off millions...