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Naira closes September at N1,705/$ in parallel market
The nation’s currency has come under renewed pressure in the parallel market, experiencing significant depreciation over the past…
UBA posts N1.37trn gross earnings for H1 2024
The United Bank for Africa (UBA) has announced a 39.6 percent growth in gross earnings for the first half (H1) of 2024.
In a…
Stanbic IBTC Holdings appoints Olusola David-Borha as Chairman of the Board
STANBIC IBTC Holdings Plc alongside its Board of Directors has announced the appointment of Mrs Olusola David-Borha as the…
Polaris Bank bags ‘Best in MSME lending’ award
Nigeria’s leading digital retail commercial bank, Polaris Bank has emerged winner of ‘Best in MSME Lending’ Award at the inaugural…
FAAC deducts N622.75m for anchor borrowers in 15 months
The Federation Allocation Accounts Committee (FAAC) has deducted a total of N622.75 million over 15 months to repay loans…
Oil production: 3m barrels per day achievable – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL), on Saturday said that crude oil production output of three million…
Tap for cash: Nigerians react as Hamster Kombat payouts fall flat (VIDEO)
In a surprising twist, the highly anticipated Hamster Kombat has sparked outrage among thousands of Nigerians.
After five…
Naira falls to N1,680/$ in parallel market
The Naira depreciated to N1,680 per dollar in the parallel market yesterday, down from N1,655 per dollar on Tuesday.
In the…
CBN sells $20,000 to each BDC at ₦1,590/$
The Central Bank of Nigeria (CBN) has announced the sale of $20,000 to each eligible Bureau De Change (BDC) operator in the…
Petrol prices will drop if Dangote Refinery sells directly to us –…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says petrol prices will drop once the oil marketers…