Data from the FMDQOTC, where the exchange rate is officially set, revealed that the official currency gained 1.52% at the close of business, continuing a rally that has now lasted 7 days.
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Nigeria’s public debt stock as at Dec. 31, 2023, was N97. 341 trillion (108.229 billion dollars), according to data released…
Positive performance returned to the equity market on Thursday, following investors’ interest in stocks of BUA Cement, Zenith Bank and…
It said that the CBN recently concluded the payment of $1.5 billion to settle obligations to bank customers, effectively settling the residual balance of the FX backlog.
Form A is an application form designed by CBN to pay for service transactions (invisible trade) that allows customers to make payments for services such as school fees, technical fees, dividends, airline tickets, loan repayment, judgment debt, personal home remittance, PTA, BTA, among others.
The Nigerian Exchange Ltd. (NGX) market capitalization on Monday closed on a negative note, losing N239 billion. Specifically, the market…
It would be recalled that Cordoso late last year redeployed some of the directors to the FSS 2020 unit of the bank which is under the Governor’s purview but has its office located in the Maitama District – one of the high brow areas in Abuja.
“At Fidelity Bank, we recognise the importance of supporting and empowering communities to grow and prosper. We believe that by investing in the well-being of the communities where we operate, we contribute to creation of a better society for all,” he said.
The Federal Government says it is taking measures to grow the real sector as part of efforts to boost the…
The Nigerian Exchange Ltd. (NGX) market capitalization, which opened at N57.697 trillion on Tuesday, gained N836 billion or 1.45 percent…