Naira at Investors & Exporters Foreign Exchange (I & E FX) window on Monday closed flat at N411.50 against the Dollar. On the flip side, Naira lost by 0.38 per cent and 0.52 per cent against the Euro and Pound…
The commitment of states and local government councils will enhance macroeconomic management in Nigeria, Mr Victor Muruako, Chairman, Fiscal Responsibility Commission (FRC), said in Abuja on Monday. Microeconomics is the branch of economics that deals with large-scale or general economic…
A Financial Expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN’s) Monetary Policy Committee to focus on policy decisions that would curb rising inflation and stabilise the Naira. Unegbu, a past president of the Chartered Institute of…
By Kayode Tokede The naira depreciated by 0.3 per cent to N411.50 against the Dollar at the Investors & Exporters Foreign Exchange window (I&E) but appreciated by 0.4per cent to N504.00 against the Dollar in the parallel market. At the…
By Kayode Tokede Guaranty Trust Bank (GTBank) Plc reiterated support for children and adults living with Autism with announced plans to hold this year’s conference in August. The 11th edition of the Guaranty Trust Annual Conference on Autism will hold…
By Kayode Tokede Union Bank of Nigeria Plc, Stanbic IBTC Holdings Plc, Sterling bank Plc have reported N81.8billion bad loans or Non-Performing Loans (NPL) in 2020. The NPL reported by these three Tier-2 banks dropped by nearly three per cent…
By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange (I & EFX) window, gained by 0.01 per cent and 0.19per cent against the Dollar and Euro closing at N411.63 and N482.73 respectively. It dropped by 0.14 per cent…
By Kayode Tokede The Central Bank of Nigeria (CBN) with its stakeholders outlined its digital currency initiative via a private webinar held today. The CBN Governor, Godwin Emefiele had earlier announced that the bank will be working on a central…
By Kayode Tokede Fidelity Bank Plc on Thursday splashed N39 million on 15 customers in the final draw of its Get Alert In Millions (GAIM) Season 4 savings promo. The cash prizes were in the categories of N10 million grand…
The likes of Access Bank plc, Guaranty Trust Bank Plc, Zenith Bank Plc, United Bank for Africa Plc (UBA), and FBN Holdings reported 12,159 Automated Teller Machines (ATM) in 2020 financial year. Specifically, Access Bank in 2020 reported 2963 ATMs,…
