CBN Prohibits Foreign Currency Collateral for Naira Loans
In a significant move aimed at fortifying Nigeria's financial system, the Central Bank of Nigeria (CBN) has prohibited the utilization ...
Day: April 8, 2024
First Bank Holding Plc Eyes N300 Billion Capital Raise
First Bank Holding Plc, a prominent player in Nigeria's banking sector, is set to embark on a significant capital raising ...
CBN Approves Daily Dollar Allocation to BDC Operators
The Central Bank of Nigeria (CBN) has approved the daily allocation of $10,000 to 1,588 eligible Bureau De Change (BDC) ...
Nigerian Naira Hits Highest Level Since Devaluation
The Nigerian Naira has experienced a significant upswing, reaching its strongest position against the US dollar since its devaluation earlier ...
My concern is about Nigerians living a better life, says Obi
Peter Obi, the 2023 Presidential Candidate of the Labour Party (LP), on Sunday, said he would rather work to ensure ...
NGX Group buys into Ethopian Securities Exchange
The Nigerian Exchange Group Plc (NGX Group) has invested in the Ethiopian Securities Exchange (ESX). Jospeh Kadiri, Team Lead, Public ...
