Nigeria’s forex reserves tumble to three-month low of $39.59bn
Nigeria’s foreign exchange reserves have fallen below the $40 billion mark to the lowest point in more than three months. The reserves
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Access Bank taps US-based Integral’s FX technology to improve service
Integral, a currency technology provider to the financial markets, has announced that Access Bank, Nigeria’s biggest lender by assets, has
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Trump delays tariffs on Mexico, Canada for one month
By Mary Adenike US President Donald Trump has delayed tariffs on Mexico and Canada for one month. This come a day
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Nigeria’s business activity resumes decline after first rise in six months
By Mary Adenike Business activity in Nigeria dropped in January despite the increase in output for the second month and
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Naira weakness spurs Unilever, Cadbury, Guinness to boost exports
By Mary Adenike Several multinationals operating in the Nigerian fast-moving consumer goods sector increased their exports to other African countries
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Nigeria’s e-transaction growth slowed in 2024 on banks’ service disruptions
By Mary Adenike The service disruptions occasioned by infrastructure upgrade by several Nigerian banks last year dampened the growth of
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Trump’s tariffs trigger trade war as Canada, Mexico, China vow retaliation
Canada and Mexico vowed to hit back at US tariffs with tit-for-tat measures, after President Donald Trump followed through on
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Dangote refinery cuts petrol price to N890
Dangote Petroleum Refinery has reduced the price at which it sells petrol to marketers to N890 from N950, effective from
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Naira gains as weekly dollar liquidity surges 216% on FX code
The naira rose 2.08 percent against the dollar this week as the greenback’s liquidity in the official foreign exchange market
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Access Bank brings ex-NSIA boss Uche Orji on board
Access Holdings Plc has announced the appointment of Uche Orji as an independent non-executive director of its flagship subsidiary, Access
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