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...
By Emmanuel Onwubiko Few years back, just before the advent of the dreaded Covid-19 pandemic, I was in the United Kingdom for about three weeks on...
Against the backdrop of the global monetary policy trend, which has seen the American Central Bank (The Fed), and the Bank of England increasing Monetary Policy...
Less than a week after the Pound plummeted to $1.13 — its lowest level since 1985 — before regaining ground, the currency has slumped further as...