The naira strengthened against the United States dollar at the official foreign exchange market on Wednesday, appreciating to N1,369/$ after…
Browsing: ECONOMY
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks across the country, citing their…
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation of 46 microfinance banks whose operating licences were recently revoked…
Nigeria’s currency, the Naira, closed the month of June at ₦1,376.33 per US dollar in the official foreign exchange market,…
Providus Bank and Unity Bank have officially completed their merger and have commenced operations under a new identity, ProvidusUnity Bank,…
United Bank for Africa (UBA) Plc has reaffirmed its commitment to environmental sustainability and employee wellbeing by mobilising staff across…
The National Bureau of Statistics (NBS) says prices of tomatoes, beans, garri, onions, ginger and other food items recorded month-on-month…
The Central Bank of Nigeria (CBN) has directed banks, payment service banks, fintech firms and other financial institutions to immediately…
Nigeria’s currency, the naira, recorded its steepest single-day depreciation since April, closing at N1,389 against the United States dollar at…
Credit extended to the Nigerian government by the Central Bank of Nigeria (CBN) increased by N17.39 trillion in the year…