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Central Bank of Nigeria (CBN) has approved the sale of dollars to bureau de change (BDC) operators at a rate of N1,580 per dollar. In a...
Nigerians borrowed a total of N4.82 trillion from banks between January and March this year, according to the First Quarter 2024 Economic Report published by the...
Securities and Exchange Commission (SEC) will grant licenses to virtual assets service providers such as cryptos this month, in a calculated move to capitalize on the...
Bank Directors Association of Nigeria (BDAN) has urged the federal government to reconsider the recently imposed 70 percent windfall tax on profits from foreign exchange transactions...
Dr Nneka Onyeali-Ikpe, managing director/chief executive officer, Fidelity Bank Plc, has said that the bank was able to meet and surpass its target from the just...
By Lukman Otunuga is Senior Financial Market Analyst with FXTM Some semblances of stability have returned to global markets after US recession fears created shockwaves last...
Nigeria Deposit Insurance Corporation (NDIC) has said that it has successfully disbursed insured deposits of up to ₦5 million each to 82.36% of customers of the...
James Otudor, Nigerian crypto activist, has taken a bold legal stance to fight for Nigerians’ fundamental rights to own, use, and trade in Bitcoin, USDT, and...
Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited....
Central Bank of Nigeria (CBN), said it would publish the names of owners of unclaimed balances in dormant accounts that is being transferred to the Unclaimed...