Due to a lack of cash in the financial system, Nigerian banks have taken a record N1.2 trillion loan from the CBN to keep ...

The Nigerian currency, Naira, continued its appreciation run against the dollar at the parallel foreign exchange market on Friday. According to a Bureau ...

The Group is well-diversified and one of Africa's largest financial services organisations. It is structured in Commercial ...

Owing to liquidity challenge, Nigerian DMBs have made the largest single withdrawal of N1.2 trillion from the CBN Standing Lending Facility ...

FBN Holdings recorded a 154.5 percent rise in net interest income, driven primarily by the continuous hike in the monetary policy ...

Leading financial institution, Fidelity Bank Plc, has announced the successful conclusion of the first tranche of its equity ...

Exporters under the auspices of the Association of West African Exporters and Maritime Professionals have said that in the ...

The Nigerian naira showed significant stability in the first week of February 2025, trading below N1,555/$1 in the parallel market, ...

Consequently, the margin between the parallel market and NFEM rate widened to N57.5 per dollar from 88 kobo per dollar on ...

Exporters under the aegis of the Association of West African Exporters and Maritime Professionals (AWAEMAP) have decried massive losses exceeding $10 million due to the Nigerian Ports Authority’s (NPA ...

Fidelity Bank Plc has announced the result of its recent offer for subscription of 10 billion Ordinary Shares at N9.75 per ...