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Naira appreciates to N1,490/$ at parallel market, depreciates at official window
The naira further appreciated to N1,490 at the parallel section of the foreign exchange (FX) market on Friday. The current ...AHIF selects Transcorp’s Dupe Olusola, GTAF’s Alain Sebah for awards
The President, Golden Tulip Afrique Francophone & East Africa (GTAF), Alain Sebah, President, and the Managing Director and CEO, ...Document on suspension of import duties on food, drugs not official – Presidency
The Presidency has described as ‘unofficial’ documents doing the rounds, that it was planning to yank off import duties on ...Oil price drops below budget benchmark, as output stagnates
There are indications that Nigeria’s 2024 national budget may have come under funding threats following sustained decline in oil price ...Minimum wage: Labour may consider N100,000, says purchasing power will drive negotiation
Organised Labour may settle for N100,000 minimum wage as the Tripartite Committee on National Minimum Wage commences daily meetings for ...Heritage Bank’s licence revoked — what happens to depositors, shareholders?
On June 3, the Central Bank of Nigeria (CBN) revoked the banking licence of Heritage Bank Plc, raising curious questions ...The 10 money men that shake power globally
The combined net worth of the world’s top 10 richest individuals in June 2024 has reached nearly $1.59 trillion, ...CSO accuses First Bank Of diverting customer’s N550m from fixed deposit
Centre For Socio and Economic Justice, a civil society organisation, has petitioned the Central Bank of Nigeria against First ...Heritage Bank: Highest depositors will get N5m, says NDIC as liquidation begins
The Nigerian Deposit Insurance Commission is set commenced the liquidation process of failed Heritage Bank with verification and payment of ...Nigeria’s external reserves fall by $1.8bn in 10 weeks – Report
Nigeria’s foreign exchange reserves have fallen by $1.8bn in 10 weeks, according to data from the Central Bank of Nigeria. ...
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