Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June at the risk of driving down already very...
The Central Bank of Nigeria (CBN) just released 2024 financial results reflect the Bank’s commitment to economic stability, sound policy implementation, and strategic financial management, highlighting...
Banks will commence implementation of charges for alerts and other short messages (SMS) communications to their customers at the rate of N6 for every SMS transaction...
The naira yesterday depreciated to N1, 615 per dollar in the parallel market from N1,610 per dollar on Monday. Likewise, the Naira depreciated to N1,602 per...
The Debt Management Office (DMO) said it will re-open two federal government bonds for auction, valued at N350 billion, for subscriptions of N1,000 per unit. DMO...
The naira depreciated to N1, 620 per dollar in the parallel market from N1,618 per dollar on Tuesday. But, the Naira appreciated to N1,599 per dollar...
The Naira depreciated to N1,600 per dollar in the Nigerian Foreign Exchange Market (NFEM) today after three months of being on the N1,500 per dollar threshold....
The Central Bank of Nigeria (CBN) has disowned a circular claiming it has introduced two new denominations—N5,000 and N10,000 notes. The apex bank described the circular...
Sterling Bank has called for the cancellation of bank transfer fees by major banks, announcing it will no longer take any money for itself for any...
Relief for Nigerians as banks dispense, accept old Naira notes Six banks in the country have posted N3.41 trillion as Profit After Tax (PAT) for the...