By Sodiq Adelakun Naira on Tuesday exchanged with the dollar at an average rate of N825 as demand intensifies at the parallel market, also known as...
By Sodiq Adelakun The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 2,698 Bureau de Change (BDC) dealers. This is as the apex...
Guaranty Trust Bank Ltd (GTB) has been named Best Bank in Nigeria at the Euromoney Awards for Excellence 2023. This marks a record 12th time that...
Experts have begun to lament as inflation rate in Africa’s biggest economy rises to a new 17-year high of 22.79 per cent in June 2023 from...
The Naira on Monday appreciated against the dollar, exchanging at N795.28 at the investors and exporters window. The Naira increased by 1.07 per cent when compared...
By Agunsoye Adenike The World Bank has attributed the frequent building collapse in Lagos State to gaps and loopholes in the permitting process and the use...
The Central Bank of Nigeria (CBN) has increased the tenure of the Managing Directors/Chief Executives of banks to a maximum of 12 years from 10 years....
Stakeholders have said that except Nigeria produces more for exportation and the attitude toward locally-manufactured goods changes, the current challenge with foreign exchange (FX) will persist....
An economist, Prof. Uche Uwaleke, has urged the Central Bank of Nigeria (CBN) to look into the new service charges on Point of Sale (PoS) trasactions...
The Central Bank of Nigeria (CBN) has disclosed that it recovered N471.82billion as cumulative repayment from the bank’s intervention programmes in the first half of 2022....