The Naira experiences a 16% decline, concluding the week at N927 per dollar
The official Investor and Exporter forex window recorded the naira closing the week at N927.19/$, reflecting a 16.64% decrease from the previous week's N794.89/$,...
Banks are concerned about a potential surge in activity after the Central Bank of Nigeria restricts access for customers without BVN and NIN in...
On Friday, the Central Bank of Nigeria instructed commercial banks to enforce a "post no debit" restriction on accounts lacking Bank Verification Numbers and...
Ecobank’s earnings surge to N1.21 trillion, showcasing remarkable growth
The Ecobank Group witnessed a remarkable 59% growth in gross earnings, reaching N1.21tn by the end of September 2023, compared to N761.29bn in the...
The Central Bank of Nigeria reports positive outcomes from implemented monetary reforms
The Central Bank of Nigeria has declared that its monetary policy reforms are yielding positive results for the nation's economy.
In response to the recently...
Nigerian banks, Unity Bank and Providus Bank, explore the possibility of a “Business Combination” agreement
Unity Bank, a publicly listed Nigerian bank, is currently in talks with Providus Bank regarding a potential business combination.
According to sources familiar with the...
