An Economist, Dr Chijioke Ekechukwu says Foreign Exchange (Forex) is not the only determinant of high prices of goods and services. Ekechukwu, who is the Managing...
Navigating the complex and often volatile world of trading requires not just courage but also preparation, strategy, and insight. A Demo Trader Account, also known as...
The Central Bank of Nigeria (CBN), has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from N25 billion to N200 billion....
The House of Representatives Public Accounts Committee (PAC) has queried the payment of N15 billion to Remita, a payment platform from the Office of the Accountant...
Guaranty Trust Bank (Uganda) Ltd. (“GTBank Uganda”) on Thursday announced plans to transition from Tie-one commercial bank to a Tier-two credit institution. Mr Jubril Adeniji, the...
The Naira appreciated against the dollar by 5.97 per cent at the official market by the close of Wednesday’s trading session, according to data from the...
The Monetary Policy Committee (MPC) of the CBN raised Monetary Policy Rate (MPR) – inter-bank loan interest rate – by 200 basis points, to 24.75 per...
The Central Bank of Nigeria has issued a circular to Bureau De Change operators (BDCs) informing them that they sold $10,000 to each BDC at a...
The Central Bank of Nigeria (CBN) says all valid foreign exchange backlogs have now been settled. This is according to a statement by CBN’s Acting Director,...
Access Holdings Plc says its subsidiary, Access Bank Plc, is in the process of acquiring the entire issued share capital of National Bank of Kenya Ltd....
The Nigerian Exchange Ltd.(NGX) market capitalisation on Monday closed on a negative note, losing N239 billion. Specifically, the market capitalisation which opened at N59.416 trillion, lost...
Five directors of the Central Bank of Nigeria (CBN) have reportedly been sacked. According to Nairametrics, the sack kicks off the reorganization process at the apex...