The Economist Intelligence Unit (EIU) has said the naira is expected to depreciate further by double digits next year, even as the country will remain one...
Five lucky Nigerians over the weekend emerged millionaires in the ongoing Polaris Bank Save & Win Promo. The live quarterly draw of the ongoing Polaris ‘Save...
By Sodiq Adelakun The Nigerian foreign exchange (FX) market on Thursday, opened with the dollar trading at N1,135, the same rate it closed at on Wednesday....
By Sodiq Adelakun The Central Bank of Nigeria (CBN) has decided to indefinitely extend the validity of the old N200, N500, and N1,000 banknotes. The CBN...
During the unveiling of the Nigerian banking sector report by Afrinvest West Africa in Lagos, Wale Edun, the Minister of Finance and Coordinating Minister of Economy,...
The World Bank has recently disbursed $299.99 million to Nigeria as part of the approved $800 million loan for the National Social Safety Net Program-Scale Up,...
In the face of a challenging economic situation, Nigeria has witnessed a surge in its citizens’ indebtedness, with individuals borrowing approximately N290bn from banks in just...
FCMB Group Plc has successfully completed the issuance of a N26,000,000,000 Perpetual 16 percent Fixed Rate Resettable NC5.25 Additional Tier I Subordinated Bonds (Series 2 Bond”...
By Sodiq Adelakun The foreign exchange market (FX) kicked off the week with the Nigerian naira losing ground against the US dollar on the black market,...
Zenith Bank, one of Nigeria’s leading financial institutions, has reported impressive financial results for the first nine months of 2023. The bank recorded a remarkable pre-tax...