The National Union of Banks, Insurance, and Financial Institutions (NUBIFIE) on Tuesday, picketed the headquarters of Polaris Bank, Victoria Island, over alleged violation of workers’ rights.
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Unity Bank Plc recorded sustained improved performance in its first quarter of 2023.
The Central Bank of Nigeria (CBN) has denied a news report that it has devalued the country’s currency, the Naira.
A former President, Trade Union Congress (TUC), Mr Peter Esele, on Wednesday supported President Bola Tinubu’s plan to review the policy on the Naira currency swap.
Prince John Karunwi, Chairman, Nigerian Association of Small and Medium Enterprises (NASMEs), Oyo State chapter, has lauded President Bola Tinubu’s swift move to address challenges in Nigeria economy.
The Central Bank of Nigeria (CBN) has commended the West African Institute for Financial and Economic Management (WAIFEM) for its debt management support to Nigerian states.
The National Association of Microfinance Banks (NAMB) has directed all licensed Microfinance Banks (MFBs) nationwide to update it on their recapitalisation status for assessment and follow-up actions with the regulatory authorities.
President Bola Tinubu, has promised to revisit the naira redesign policy of the Central Bank of Nigeria (CBN).
The December 2022 development update of the World Bank has projected that interest payments on the Nigerian government’s borrowing from the Central Bank (CBN), will gulp about 62 percent of revenue by 2027, despite the restructuring plan.
Mr Francis Dufay, the Chief Executive Officer (CEO), Jumia, a Pan-African e-commerce platform, says the company plans to shift strategy to enhance growth levels for the rest of 2023.