Finance & Banking

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...

The decline of the Naira continues, even in the face of a 46% increase in dollar turnover

The volume of dollars traded on the Investor & Exporter forex window surged by 46.69%, reaching $123.25 million on Monday, compared to $84.02 million...

FirstBank celebrates its customers with prizes totaling N170 million

FirstBank has initiated a four-month 'Win Big promo' to appreciate its customers, offering a total of N170 million in cash prizes. Running from October 23...

The Naira has gained strength in the black market but experienced a slight decline in the peer-to-peer (P2P) exchange realm

The value of the naira saw a significant rise on Sunday in the black market, driven by the increased likelihood of more foreign exchange...

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