Business

CBN bans foreign currencies as collateral for naira loans

The Central Bank of Nigeria (CBN) has directed all banks in the country to stop the use of foreign currencies…

2 years ago

CBN sells $10,000 to BDC operators at N1,101/$

The Central Bank of Nigeria (CBN) has approved daily sales of $10,000 to 1,588 eligible Bureau De Change (BDC) operators…

2 years ago

NGX Group buys stake in Ethiopian Securities Exchange

The Nigerian Exchange Group Plc (NGX Group) has invested in the Ethiopian Securities Exchange (ESX). The Team Lead, Public Relations…

2 years ago

CIBN records N1.37bn profit, elects Pius Olanrewaju as president

The Chartered Institute of Bankers of Nigeria (CIBN) has announced a net operating surplus of N1.37 billion for 2023, marking…

2 years ago

Naira gains against dollar at official market

The naira, on Friday, April 5, 2024, strengthened at the official market, trading at N1,251.05 to a dollar. Data from…

2 years ago

Naira gains, exchanges at N1,255 against dollar

The naira gained at the official market as it traded at N1,255.07 to a dollar on Thursday, April 4, 2024.…

2 years ago

FirstBank rewards customers with N170m, millionaires emerge

FirstBank of Nigeria Limited has rewarded six of its customers with N1 million each at the fourth and grand finale…

2 years ago

Non-service of charge stalls Binance, executives’ arraignment

The arraignment of Binance Holdings Limited and two of its executives; Tigran Gambaryan and Nadeem Anjarwalla, on Thursday, April 4,…

2 years ago

Investors lose N190bn in stock market as banks experience sell-offs

Sell-offs in the shares of Tier-one banks on Wednesday, April 3, 2024, contributed to a 0.32 per cent decline in…

2 years ago

Naira gains, exchanges at N1,262 against dollar

The naira gained further at the official market, trading at N1,262.85 to a dollar on Wednesday, April 3, 2024. Data…

2 years ago

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