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The Nigeria Deposit Insurance Corporation (NDIC), yesterday announced that payment to depositors with liquidated Heritage Bank having N5 million and below will begin on Monday. Depositors...
Nigeria may increase its daily output of crude oil by 480,000 barrels as a result of a move towards a resolution between ExxonMobil and the Nigerian...
The Federal High Court sitting in Lagos has authorised Guaranty Trust Bank, to temporarily take over the funds and assets of Afex Commodities Exchange following an...
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has placed its shareholders in celebration mode, receiving commendation for a...
Wale Edun, the minister of finance, says economic instability forced 800 companies to shut down operations. Edun said this on Tuesday in Abuja during the sectoral...
The naira depreciated at the parallel section of the foreign exchange (FX) market on Monday. Currency dealers, often referred to as bureau de change (BDC) operators,...
Africa’s Global Bank, the United Bank for Africa (UBA) Plc on Friday, 23rd of May, marked this year’s Africa day on, with fanfare. The event which...
Access Bank has once again been recognised as Nigeria’s most valuable brand, according to the latest data from Brand Finance. The 2024 report reveals a remarkable...
In line with the theme for the 2024 celebration of Africa Day, “Educate an African Fit for the 21st Century: Building Resilient Education Systems for Increased...
The monetary policy committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 24.75 percent to...
