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...
The foreign exchange (Forex) traders closed official forex trading on Monday with one dollar selling at N744.07/$1, dropping from N776.90/$1 reported at the end of...
The average naira to pound rate in the black market crossed N1000 on Friday, as the British currency was exchanged at N1002.2/£1. Both currencies...
Majority shareholders of FBN Holding are weighing options to prevent Oba Otudeko from taking over the financial institution after Barbican Capital owned by Otudeko...
Months after the Central Bank of Nigeria (CBN) restricted withdrawals on automated teller machines (ATMs), Deposit Money Banks in the country are beginning to...
The FMDQ Exchange, the official foreign exchange aggregator, revealed that the price of the dollar increased by N20.32 kobo on Thursday. According to the dollar rate...
FBN Holdings, Nigeria’s oldest financial institution on Thursday traded over 4 billion units shares on the NGX valued at about N76 billion and is one of...
Bank deposits with the Central Bank of Nigeria (CBN) increased to N579.27bn in June, 2023, representing 25.4 per cent increase, compared to June, 2022. This...
