‘CBN spent $1.3bn to defend naira in two months’
A member of the Monetary Policy Committee of the Central Bank of Nigeria has said the CBN spent over $1.3bn
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Money
Ecobank Group’s quarterly profit rises 23% to N30.5bn
Ecobank Group has posted an increase of 23 percent in its profit after tax for the first quarter of 2021,
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Stanbic IBTC reports 45.34% drop in quarterly profit
Stanbic IBTC Holdings Plc has posted a profit after tax of N11.26 billion for the first quarter of this year,
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Nigeria’s forex ban on sugar, wheat may drive up inflation: Capital Economics
The Central Bank of Nigeria’s ban on the use of foreign exchange for the importation of sugar and wheat could
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GTBank’s quarterly profit falls to N45.55bn
Guaranty Trust Bank Plc has reported a profit of N45.55 billion for the period ended Mar. 31, 2021, compared to
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CBN warns banks, others against rejecting lower dollar denominations, old bills
The Central Bank of Nigeria has warned deposit money banks and other authorised foreign exchange dealers in the country to
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Forex scarcity: Naira tumbles to 486 against dollar
The Nigerian currency fell against the dollar on Tuesday at both the parallel market as well as the investors and
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Unity Bank’s annual profit drops by 38.17%
Unity Bank Plc has reported a profit after tax of N2.09 billion for the financial year 2020, compared to N3.38
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Access Bank to snap up majority stake in Botswana’s fifth-biggest lender
Access Bank Plc said on Monday that it had entered into a definitive and binding agreement with ABC Holdings Limited,
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UBA’s Q1 profit rises 27% to N38.16bn
The United Bank for Africa Plc has reported a profit of N38.16 billion for the quarter ended Mar. 31, 2021,
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