The Naira has suffered further loss with the NAFEM Window and parallel market closing at N1,402.67/$1 and N1,380/$1 respectively.
The official window recorded the same daily turnover of $440.13 million on Monday compared to last week Friday.
Taiwo Oyedele lamented that those who evade taxes get away with no consequences, and said this needs to change.
The subsidiaries are in Angola, Cameroon, The Gambia, and Sierra Leone, and a Consumer, Private and Business Banking business in…
Award winning Music Producer, Cobhams Asuquo, described the Braille account as an innovative initiative that presents UBA as a bank…
The daily turnover on the I&E window reached $204.84 million, marking the highest turnover since the central bank's efforts to…
Analysts have predicted that the ongoing volatility in the I & E FX window would continue in the short-term as…
The Fund said it's ready to provide technical assistance to enable the policy succeed.
The Labour Party presidential candidate said the refinery is paramount in placing Nigeria amongst key players in downstream petroleum industry.
It revealed that Nigerian firms scored 25% average diversity.
They said this would help enhance inclusive growth, tackle inflation and high-interest rates.
It clarified that banks are not banned from paying new notes over the counter.
Alawuba will oversee the Group’s banking operations across its 20 African country network and globally in the UK, the US,…
The apex bank said Emefiele warned bank customers against converting the naira to dollars for electioneering purposes.
The seminar will draw participation from trade practitioners, local and foreign exporters, manufacturers, financial institutions, and government agencies.
The World Bank has named Nigeria as one of the seven countries that contribute to half of the global population…
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has called on the Nigerian Ports Authority…
JP Morgan, an American multinational investment bank has removed Nigeria from its list of emerging market sovereign recommendations that investors…
Deposit money banks (DMBs and merchant banks borrowing from the Central Bank of Nigeria’s (CBN) Standing Lending Facility (SLF) dropped…
The International Monetary Fund (IMF) on Thursday maintained that prolonged payment of petrol subsidy in Nigeria was affecting the country’s…