Tuesday, September 19, 2023
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CBN denies crashing forex to N1.25 against Dollar

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The Central Bank of Nigeria (CBN) has denied claims that it would crash the exchange rate to N1.25/$1. overlay-clevercloseLogoOn Wednesday, CBN disclosed this via its...

Tranzfar Freedom Account Extends to over 100 Countries

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Tranzfar Limited, an international payment solutions provider, focused on remittances, payment infrastructure and digital banking, has announced the expansion of its revolutionary Freedom Account...

Reviewing Nigeria Economy with Latest CBN Directives

By NIYI JACOBS It’s been more than a month since the Central Bank of Nigeria (CBN) floated the naira. The development makes buyers and sellers of...

Fidelity Bank reclassified as Medium Price Stock

Following a bullish run in the stock market in recent months, the Nigerian Exchange Limited (“NGX”) on Friday announced the reclassification of Fidelity Bank...

GTCO Unveils Plan for 2023 Autism Conference ……

Guaranty Trust Holding Company Plc (GTCO) has announced dates for the 2023 GTCO Autism Conference and follow-up consultations. This year’s programme is themed "Empowering...

FX Reforms: Achieving Transparency, Liquidity Cautiously-Analysts

By NIYI JACOBS Some financial experts in the country have agreed that the unification of the exchange rates would make for a more transparent forex...

Quest, Victory, and Precious Shine as Contest Intensifies on Bigi-Sponsored Nigerian Idol Season 8

..Ose Daniel & Goodness Bow Out with Grace Quest, Victory Gbakara, and Precious Mac, the top three contestants who emerged in this week's show, performed...

Of Emefiele, Great Performances but Misunderstood

The efforts by the Emefiele-led CBN are clearly yielding considerable results as seen in the trajectory of key macroeconomic indicators, the cyclical recovery of...

CIBN Partners Fin Tech NGR, FSI on Digital Transformation

… Digitizes its Operationsby Niyi jacobs The Chartered Institute of Bankers of Nigeria (CIBN) says the institute, has recently executed an MoU with two credible...

Abbey Mortgage Bank Celebrates 31st Anniversary

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Abbey Mortgage Bank clocks 31 years of leadership in the mortgage industry. The company, which turned thirty-one on March 11, 2023, has been providing exceptional...

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Fidelity Bank Completes 100% Acquisition Of Union Bank UK

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By Tunmise Olaoye Fidelity Bank Plc has announced the completion of the acquisition of a 100% stake in Union Bank Plc UK. This was disclosed...

FX Crisis Deepens, BDCs Lament Dollar Scarcity

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…Naira falls to N930/$ at parallel market  By NIYI JACOBS The naira, on Wednesday, depreciated to N930 per dollar at the parallel section of the foreign...

CBN denies crashing forex to N1.25 against Dollar

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The Central Bank of Nigeria (CBN) has denied claims that it would crash the exchange rate to N1.25/$1. overlay-clevercloseLogoOn Wednesday, CBN disclosed this via its...