CBN Sacks FBN Board over removal of MD/CEO The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has sacked the entire members...
Bears maintain grip on equities as investors again lose N280bn Investors in the Nigerian stock market lost N274bn on Wednesday as 23 firms saw...
Nigerians trade N1.5bn crypto volume on Paxful Paxful, a global peer-to-peer fintech, has said Nigeria is now its biggest market with a volume of...
CBN defends naira with $1.47bn in one month The Central Bank of Nigeria (CBN) injected $1.47 billion into the foreign exchange segment of the...
Naira depreciates in I&E window In the foreign exchange market, the naira traded at a lower value on Tuesday as the Nigerian currency shed...
Equities shed N7bn as banking stocks go bearish The local equities market reversed its previous day’s gains on Tuesday as the benchmark index declined...
N1.23trn bad loans bite as banks’ gross credit tops N20trn Analysts have blamed the woes of Nigerian economy on bad loans in the banking sector....
E-payment: Banks process N356.47trn in Q4 2020 alone A total volume of 3,464,811,083 transactions valued at N356.47 trillion was recorded in Q4 2020 as...
Amazon chooses South Africa for its Headquarters in Africa Nigeria, Africa’s largest economy has again been ignored by another global tech giant, Amazon by building...
Four Mills pledges N160bn to develop Nigeria sugar backward integration Nigeria’s food and agro-allied group, Flour Mills of Nigeria Plc has announced an increased...