By Kayode Tokede Naira at the parallel market on Tuesday closed flat against the dollar and euro at N532 and N625 respectively Naira depreciated by 0.28per cent against the pound to close at N725. At the Investors & Exporters Foreign…
By Kayode Tokede Naira at Investors & Exporters Foreign Exchange (I & E) FX window appreciated by 0.09 per cent to close at N411.13 against the dollar on Monday. Naira also gained 0.25 per cent respectively against the euro and…
By Kayode Tokede Arise B.V, a leading African investment company, has made an additional Tier 1 (AT1) investment of about $75 million in Ecobank Transnational Incorporated (ETI) – the parent company of the Ecobank Group. This is contained in a…
By Kayode Tokede Sterling Bank Plc has announced it is collaborating with Leadway Assurance, SaroAfrica Limited, GIZ AFC and AFEX Commodities to host the fourth edition of the Agriculture Summit Africa (ASA) 2021, coming up towards the end of this…
By Kayode Tokede Managing Director/Regional Executive, Ecobank Nigeria Ltd, Patrick Akinwuntan has said the bank initiated Super Reward Scheme is to deepen savings amongst Nigerians, reward and assist customers’ businesses. The Managing Director who was speaking at the presentation of…
By Kayode Tokede The Central Bank of Nigeria (CBN) has disclosed that the country’s foreign reserves increased to $34.18billion as at September 2, 2021. Analysts at Cordros capital in a report said the foreign exchange reserve sustained its weekly accretion,…
By Kayode Tokede Sterling Bank Plc has unveiled Sterling CARES, a free banking service for non-governmental organisations (NGOs), to empower non-profit organisations across the country. The Chief Executive Officer of Sterling One Foundation, Mrs Olapeju Ibekwe, in a statement said…
By Kayode Tokede Naia at the parallel market depreciated by 0.38 per cent to close at N530 against the dollar on Thursday. The local currency also depreciated by 0.42per cent and 0.65per cent against the pound and euro to close…
By Kayode Tokede The African Development Bank (AfDB) and its development partners have earmarked $520 million for the Phase One of the Special Agro-industrial Processing Zones Programme. The Director General of the African Development Bank’s Nigeria Country Department, Lamin Barrow…
By Kayode Tokede The Central Bank of Nigeria (CBN) has reacted to Senate’s allegation that it has failed to remit 80per cent of its operational surpluses into the Consolidated Revenue Fund (CRF) account in the last five years. In its…
