Business

Naira exchanges N1,416 against dollar at official market

The naira, on Tuesday, May 7, 2024, depreciated at the official market, trading at N1,416.57 to the dollar. Data from…

2 years ago

CBN orders banks to impose 0.5% cybersecurity levy on electronic transfers

The Central Bank of Nigeria (CBN) has ordered banks to start charging a 0.5 per cent cybersecurity levy on electronic…

2 years ago

UBA nets N570.2bn earnings as profit hits N156.34bn in 3 months

The United Bank for Africa Plc (UBA) has announced gross earnings of N570.2 billion for the first quarter of 2024…

2 years ago

Banks begin charges on cash deposits above N500,000

Commercial banks in the country have resumed charges for cash deposits exceeding N500,000 for individual accounts and N3 million for…

2 years ago

Naira appreciates by 3.3%, trades at N1,354/$

The Naira on Monday, May 6, 2024 further appreciated at the official market, trading at N1,354.21 to the dollar. Data…

2 years ago

Cryptocurrency: FG to remove naira from P2P platforms

The Federal Government has announced plans to delist naira from all peer-to-peer (P2P) platforms. The Director General of the Securities…

2 years ago

Zenith Bank’s earnings hit N781bn, profit rises to N258bn in 3 months

Zenith Bank Plc has announced gross earnings of N781 billion in the first quarter of 2024 which ended on March…

2 years ago

Envoy: Nigeria-UK trade relations hit £7bn

The British High Commissioner in Nigeria, Dr Richard Montgomery, says trade relations between Nigeria and the United Kingdom (UK) currently…

2 years ago

Zenith Bank subsidiary Zenpay partners AfCFTA on innovative trade

Zenpay Limited, a subsidiary of Zenith Bank Plc, has signed an agreement with the African Continental Free Trade Area (AfCFTA)…

2 years ago

FBN Holdings leads as investors gain N811bn at stock market

FBN Holdings Plc has topped 41 other advanced equities to pull the Nigerian Exchange Limited (NGX) market indices up by…

2 years ago

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