The founder of the defunct Diamond Bank Plc and a former chairman of MTN Nigeria, Pascal…
Category: BANKING
Aggrieved bank depositors fault NDIC on planned pro-rata payment
Defunct Heritage Bank’s depositors with N5 million minimum balance have described as unacceptable the announcement by…
Tariff Shock: Oil Declines As CBN Sells $198 Million To Support Naira
Crude oil prices have weakened, declining by over 12% to approximately $65.50 per barrel, following sweeping…
Amid Trump Tariffs CBN Boosts FX Market With $197.71m
The Central Bank of Nigeria (CBN) has injected $197.71 million to boost market liquidity and stability…
Trump Tariff Chart: Full List of Countries Hit With ‘Reciprocal’ Tariffs
President Donald Trump on Wednesday imposed sweeping new tariffs on all imported goods and unveiled a…
US, European Stocks Fall As Looming Trump Tariffs Raise Fears
US and European stock markets fell Wednesday as investors fretted over what shape US President Donald…
Fake News: CBN Dismisses Reports Of New ₦5,000, ₦10,000 Notes
The Central Bank of Nigeria (CBN) has dismissed as fake news claims that it has introduced…
Nigeria’s net FX reserves surged to $23.11bn in 2024 – CBN
Nigeria’s Net Foreign Exchange Reserves rose significantly to $23.11bn at the end of 2024, marking the…
GTCO Plc Releases 2024 Full Year Audited Results
…Pays Shareholders Record Dividend of N8.03k for 2024 Financial Year Guaranty Trust Holding Company Plc (“GTCO”…
CBN Projects Gradual Inflation Drop In Next Six Months
The Central Bank of Nigeria has projected a gradual drop in inflation rate over the next…