The Central Bank of Nigeria (CBN) has officially postponed its first Monetary Policy Committee (MPC) meeting for 2025 to March due to delays in the release...
Financial analysts have weighed in on Fidelity Bank’s capital expansion, highlighting its potential impact on the bank’s market position. The Bank significantly increased its...
The Pan-African Manufacturers Association (PAMA) has projected that the ongoing trade war between the United States and China will significantly boost foreign direct investment...
In a landmark move aimed at improving the Quality of Service (QoS) delivered by Mobile Network Operators (MNOs) and enhancing consumer experience in Nigeria’s telecommunications sector,...
The ongoing trade tensions between the United States and China have reshaped the global economy, disrupting supply chains and prompting countries to reassess their...
Fidelity Bank Plc, has successfully concluded the first tranche of its equity capital raise through its Public Offer and Rights Issue (the Combined Offer), following...
In a groundbreaking development, XTransfer, a leading Chinese B2B cross-border trade payment platform, has entered into a Memorandum of Understanding (MOU) with Ecobank Group to introduce...
The Federal Government’s ambitious Naira-to-Crude initiative, designed to strengthen domestic refining capacity, is facing major hurdles due to inconsistent execution. As a result, local refineries are...
The exchange rate between the naira and the US dollar exhibited stability mid-week, trading at N1,605/$1 in the parallel market on Wednesday, February 5, 2025. This...
The Central Bank of Nigeria (CBN) has issued new regulatory guidelines allowing Bureau de Change (BDC) operators to purchase up to $25,000 weekly from...