Guaranty Trust Holding Company Plc (GTCO) has reported a Profit Before Tax of N609.3 billion for the financial year ended Dec. 31, 2023. This represents an...
The Central Bank of Nigeria has written to all banks in Nigeria to halt the use of foreign currencies as collateral for naira loans. It disclosed...
The management of the Nigerian National Petroleum Company Ltd.(NNPCL) has attributed the insufficient supply of petroleum products to some filling stations in Lagos to an issue...
The Nigerian Electricity Regulatory Commission (NERC) says the increase in tariff will only affect customers enjoying a 20-hour power supply across the country. The commission said...
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...