Polaris Bank has informed customers of updates on the guidelines for Forms A and Q requests. In an email to customers, the bank said the updates...
Aliko Dangote’s wealth has decreased by $4.12 billion since the liberalization of the naira and the unification of exchange rates by the CBN, dropping from 72nd...
The International Monetary Fund (IMF) on Friday gave its backing to the Central Bank of Nigeria (CBN’s) exchange rate unification policy. The policy, which collapsed all...
FirstBank disbursed about N455 billion in value, via tailor-made loan products to support SMEs in various industry segments in 2022. Olusegun Alebiosu, the Chief Risk...
The naira devaluation by the Central Bank of Nigeria (CBN) has reduced the wealth of Africa’s richest man, Aliko Dangote and his countryman, Abdulsamad Rabiu,...
The exchange rate between the naira and the dollar fell to N702/$1 at the end of the day on Thursday, June 15th, 2023 at the official...
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has tasked foreign investors to take advantage of the opportunities...
The policy advisory council of President Bola Tinubu has asked the federal government to extend the validity of the old naira notes from the earlier December...
Nigeria’s inflation rate elevated further in May 2023, rising to 22.41% from 22.22% recorded in the previous month, which represents the fifth consecutive increase...
A shocking headline in an online publication: “Naira slumps to N700/dollar as CBN floats currency, stops fixing exchange rates,” stirred my worry and alarm to...
