Due to a lack of cash in the financial system, Nigerian banks have taken a record N1.2 trillion loan from the CBN to keep ...

Exporters under the auspices of the Association of West African Exporters and Maritime Professionals have said that in the ...

Fidelity Bank Plc has announced the result of its recent offer for subscription of 10 billion Ordinary Shares at N9.75 per ...

Owing to liquidity challenge, Nigerian DMBs have made the largest single withdrawal of N1.2 trillion from the CBN Standing Lending Facility ...

Nigeria’s foreign exchange reserves have depleted by $1.38billion since this year, reaching $39.497billion as at February ...

Leading financial institution, Fidelity Bank Plc, has announced the successful conclusion of the first tranche of its equity ...

The Nigerian currency, Naira, continued its appreciation run against the dollar at the parallel foreign exchange market on Friday. According to a Bureau ...

The claim that the CBN has unveiled a new ₦5000 note with the image of President Bola Tinubu has been fact-checkedSeveral ...

According to the EFCC, between 2021 and 2022, the defendants failed to obtain a valid licence from the Central Bank of Nigeria (CBN) before engaging in investment management activities involving one ...

Exporters under the aegis of the Association of West African Exporters and Maritime Professionals (AWAEMAP) have decried massive losses exceeding $10 million due to the Nigerian Ports Authority’s (NPA ...

Consequently, the margin between the parallel market and NFEM rate widened to N57.5 per dollar from 88 kobo per dollar on ...

The Nigerian naira showed significant stability in the first week of February 2025, trading below N1,555/$1 in the parallel market, ...