“Next week, the Central Bank of Nigeria plans to repay its dollar debts to banks, potentially leading to a rebound in the value of...
The Acting Governor of the Central Bank of Nigeria, Folashodun Shonubi, announced that the apex bank will settle all outstanding forward contract debts with...
The CBN report reveals that FG’s expenses in a three-month period surpass its revenue by a substantial margin of N1.43 trillion.
During the first quarter of 2023, the Federal Government of Nigeria faced a fiscal challenge as its expenditures surpassed its revenue by N1.43tn.
This figure,...
“Banks terminate employment of 110 senior executives and additional staff due to involvement in a fraudulent activity amounting to N82 billion.”
In the last two years, a significant number of bank executives and junior staff, totaling 110, have been dismissed due to fraud-related incidents.
The data...
Stanbic’s after-tax profit for the first half of 2023 has surged by an impressive 121%.
Stanbic IBTC Holdings Plc, a financial institution, has issued its financial report for the first half of 2023.
The report highlights an impressive 121.46% increase...
