By Dipo Olowookere There is palpable fear in the black market segment of the currency market in Lagos as security officials have resumed clampdown of foreign...
By Adedapo Adesanya On Monday, May 6, 2024, the Central Bank of Nigeria (CBN) directed all financial institutions, including commercial banks and others to deduct a...
By Adedapo Adesanya The Naira mounted a 3.3 per cent or N46.19 gain on the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on...
By Adedapo Adesanya The oil market rose on Monday as a ceasefire agreement between Hamas and Israel made no progress, leaving the Brent crude grade closing...
By Aduragbemi Omiyale Commercial banks operating in Nigeria have begun to notify their customers of the reintroduction of processing fees on cash deposits for individual and...
By Aduragbemi Omiyale From May 20, 2024, Nigerians may have to pay a 0.5 per cent cybersecurity levy on electronic transfers as stipulated in the Cybercrime...
By Dipo Olowookere Renewed profit-taking by investors returned the Nigerian Exchange (NGX) Limited to the bears’ territory on Monday, closing lower by 0.89 per cent when...
By Aduragbemi Omiyale The chief executive of Moniepoint Microfinance Bank, Mr Babatunde Olofin, has posited that Nigeria needs a thriving hospitality industry, especially at a period...
By Aduragbemi Omiyale A distinctive and innovative initiative to improve financial literacy among young adults has been introduced by Stanbic IBTC Asset Management. The company announced...
By Adedapo Adesanya Oando has projected to double its production to 50,000 barrels per day of oil equivalent with the closure of its landmark deal with...
