Heirs Holdings CEO joins UBA board
The United Bank for Africa Plc (UBA) has appointed Emmanuel Nnorom, group CEO of Heirs Holdings, as a non-executive director
Read more
Money
FBN Holdings profit more than doubles despite N332bn forex loss
FBN Holdings Plc, the parent company of Nigeria’s oldest bank, posted a 127 percent increase in its annual pretax profit
Read more
Naira slide stokes fears of domiciliary account clampdown
The steep fall of the naira in recent weeks coupled with the measures taken to prop up the embattled currency
Read more
Naira heads to two-month low on lower dollar liquidity
The decline in dollar liquidity has dragged the Nigerian currency to the lowest since March 20 on the official market,
Read more
Standard Chartered Bank Nigeria gets new CEO
Standard Chartered Bank has announced the appointment of Dalu Ajene as the chief executive officer of its operations in Nigeria.
Read more
Naira extends decline against dollar on official market
The Nigerian currency pared more of its recent gains on Monday as it weakened to N1,234.49 per dollar on the
Read more
Naira breaks one-month winning streak, weakens on official market
The Nigerian currency fell against the dollar on Thursday for the first time in one month, reversing some of its
Read more
Naira extends gain against dollar despite forex liquidity drop
The naira gained further last week despite the over 50 percent decline in liquidity in the foreign exchange market. The
Read more
Naira sinks to 1,665/$ on official market as liquidity dips
The naira closed at a new record high of 1,665.50 per dollar on the official foreign exchange market on Friday
Read more
CBN wants BDCs to request BVN, passport, others for dollar sales
The Central Bank of Nigeria has released a draft revised guidelines for Bureau de Change operations that will require BDCs
Read more