Naira rises against dollar at parallel market, I&E window
The Nigerian currency strengthened against the dollar on Thursday at both the parallel market as well as the investors’ and
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Money
NIBSS set to launch new payment solution
Nigeria Inter-Bank Settlement System Plc has said it is set to launch a QR Code-driven payment solution, in partnership with
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Naira tumbles to 484 against dollar at parallel market
The Nigerian currency extended its decline against the dollar on Tuesday at both the parallel market and the investors’ and
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AfDB named world’s best multilateral financial institution
The African Development Bank has been named by Global Finance as the best multilateral financial institution in the world. The
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Sterling Bank appoints new non-executive directors
Sterling Bank Plc has announced the appointment of two non-executive directors, Mr Ankala Syam Prasad and Paritosh Tripathi. The bank
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Naira weakens to $482 as new CBN scheme begins
The Nigerian currency closed weaker against the dollar as the ‘Naira 4 Dollar Scheme’, introduced by the Central Bank of
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UBA profit rises 27.7%, customer deposits hit N5.68trn
The United Bank for Africa Plc has reported an increase of 27.7 percent in its profit after tax for the
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Why diaspora remittances collapsed in Nigeria – RenCap
Diaspora remittance flows into Nigeria collapsed because of the wide gap between the country’s official exchange rate and the Bureau
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Nigeria’s inflation may be getting out of control – FDC
The inflation rate in Nigeria may be getting out of control, posing a threat to output growth, the Financial Derivatives
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Receive $1 from abroad, get N5 extra, CBN tells Nigerians
The Central Bank of Nigeria has introduced a new scheme that will see recipients of diaspora remittances get N5 extra
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