In a note sent to its customers on Friday, Wema Bank says it has imposed a $500 monthly limit on international spending conducted through...
Access Bank Plc has reached an agreement to acquire the sub-saharan subsidiaries of Standard Chartered Bank. In the acquisition deal, Standard Chartered will sell...
The Central Bank of Nigeria, CBN, has revised the tenure of executive directors (ED). Deputy managing directors (DMD), and managing directors (MDs) of Banks and Bank...
The Nigeria Electricity Regulatory Commission (NERC) has moved to approve increase of electricity tariff by the DISCOs in Nigeria. The Commission in a seeming legal procedure...
The British Pound exchanged in the black market increased in value, selling at N1055.8/£1, inching higher from N1043.1/£1 it traded for on Wednesday, July 12 It...
The gap between the black market and official rates of the United States Dollar rose to N51.6 kobo at the end of trading on...
President Bola Tinubu on Thursday directed the immediate release of fertilizers to farmers and grains to households to mitigate the effects of the subsidy...
The DSS has charged embattled suspended Governor of CBN, Godwin Emefiele to court. This comes hours after an Abuja High Court ordered the service to...
A report a few days ago that Nigeria recorded a negative Foreign Direct Investment (FDI) inflow in 2022 is indeed a worrisome pointer to the...
The Nigeria Civil Aviation Authority (NCAA) has imposed immediate indefinite suspension on all Boeing B737 aircraft of Max Air domestic carrier. NCAA Director of Operations, Training...