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 ...

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 ...

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

Nigeria’s foreign exchange reserves have depleted by $1.38billion since this year, reaching $39.497billion as at February ...

Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...

At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

Data from the Central Bank of Kenya (CBK) shows that profits have increased from $1.09bn during the same period last year, ...