Finance & Banking

First Bank appoints Olusegun Alebiosu as acting CEO, effective immediately

First Bank of Nigeria Limited has announced the appointment of Mr. Olusegun Alebiosu as its Acting Chief Executive Officer, effective immediately. This development follows the...

Heritage Bank’s Head Office Shut Down Over Sack Of Over 1,000 

The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE), has shut down Heritage Bank’s head office in Lagos following the sack of...

BDCs now buying dollars at N980/$, naira appreciating faster than expected – ABCON President confirms

The Association of Bureau De Change Operators of Nigeria (ABCON) said that as of Tuesday, the Bureau De Change (BDC) operators were buying dollars...

Naira Abuse: Understanding the Law and Avoiding Penalties

Like the national flag, anthem and even the international passport, Nigeria's Naira is more than just money – it's a symbol of our nation's...

Advocate suggests prohibiting cash transactions in dollars as a measure to protect the value of the Naira, advises Tinubu

The Group Managing Director of CFL Group, Lai Omotola, has urged President Bola Tinubu to implement an executive order prohibiting cash transactions in dollars...

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