CBN announces the appointment of new executives to lead Union, Keystone, and Polaris banks
The Central Bank of Nigeria swiftly acted, dissolving the boards of Polaris, Union, and Keystone banks, appointing new executives to take charge.
In a statement...
The Naira depreciates to N1089 per dollar in the official Investors and Exporters (I&E) window
The Nigerian naira plummeted to N1089.51 against the dollar on Tuesday, marking a staggering 27.19% drop from its Monday closing rate of N856.57/$, as...
The funding from overseas sources into Nigerian startups experiences a sharp decline of 65%
The influx of foreign investments into Nigerian startups experienced a steep decline of 65.83% year-on-year, plummeting to $410 million in 2023 from its 2022...
Glo customers will soon face restrictions on making calls to MTN numbers, as per NCC regulations
The inability for Globacom subscribers to call MTN lines is imminent due to unsettled interconnect charges, as disclosed by the Nigerian Communications Commission (NCC)...
The day concludes with the Naira trading at N1035 per US dollar on the I&E window
The Nigerian naira concluded Wednesday's trading at N1035.12/$ on the official Investor and Exporter foreign exchange window, marking a 4.72% decrease from its Tuesday...
