The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 14 percent...
FirstBank says it has entered into a partnership with Verve International, and also launched its third national consumer promo designed to reward users of the bank’s...
Fidelity Bank has reiterated its commitment to assisting Small and Medium Enterprises grow their businesses in Nigeria by helping bridge the gap in helping them access...
Nigeria’s local currency, the Naira, has depreciated by over 21 per cent in nine months, beginning from December 31, 2021 when it traded for N565/$1 to...
Financial experts have urged the Central Bank of Nigeria (CBN) to hold the prevailing Monetary Policy Rates (MPR) as tightening may not tame Nigeria’s inflationary trends....
Data from FMDQ securities where Naira is officially traded showed that the Naira appreciated at the Investors and Exporters window to close at N436 to a...
The half-year financial statements released by Access, Zenith, United Bank for Africa, Guaranty Trust Holding Company (GTCO), FCMB Group, Stanbic IBTC Holdings Plc, and FBN Holdings...
The Naira appreciated slightly against the dollar at the Investors and Exporters window on Monday as it exchanged at 436. The rate represents a 0.08 per...
The shareholders of Sterling Bank have decided to transfer their investment into an HoldCo, which will serve as a parent company, and as a result, Sterling...
Nigeria’s national grid has collapsed again to zero megawatts, throwing many homes into darkness for the 7th time in nine months. National Daily gathered that the collapse...