Months after banks restricted withdrawals on automated teller machines (ATMs), commercial banks in the country are beginning to increase the maximum amount of cash...
Foreign schools are raking in millions of Dollars from the influx of Nigerian students through tuition fees other consular services paid for by Nigerian immigrant. Data...
A new corporate governance guidelines for commercial, merchant, non-interest and payment service banks in Nigeria has forbidden any investor from acquiring 5% of any bank with...
In a note sent to its customers on Friday, Wema Bank says it has imposed a $500 monthly limit on international spending conducted through...
The Central Bank of Nigeria, CBN, has revised the tenure of executive directors (ED). Deputy managing directors (DMD), and managing directors (MDs) of Banks and Bank...
The British Pound exchanged in the black market increased in value, selling at N1055.8/£1, inching higher from N1043.1/£1 it traded for on Wednesday, July 12 It...
The Naira on Wednesday recorded marginal gain of N6 to close at N782/$ in the Investors and Exporters (I&E) window- official market following improved...
The Naira weakened by 5.96 percent to close at N788.42/$ at the investors and exporters (I&E) window on Wednesday, Nigeria’s official exchange rate window....
The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTO) to add naira as a payment option for diaspora remittances. CBN...
A Lagos High Court sitting Ikeja has summoned Union Bank Plc to explain a contentious debt of N119, 773, 826 between it and a...
