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Naira speculation: CBN unveils electronic FX matching system
The Central Bank of Nigeria (CBN) has announced the introduction of an electronic foreign exchange matching system (EFEMS).
In…
Naira increase to N1,700 in parallel market
The Naira yesterday appreciated in the parallel market to N1,700 per dollar, up from N1,705 per dollar on Monday.
Conversely,…
Return of Emirates Airlines will lead to competitive pricing– Keyamo
The Minister of Aviation and Aerospace Development, Festus Keyamo, announced on Wednesday that the return of Emirates Airlines to…
Withholding Tax regulations has been gazetted, to be published on…
The chairman of the Presidential Taskforce on Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, announced on Tuesday that…
Most Nigerians cooking unhealthily because we neglected LPG – Energy Expert
Oladapo Olatunbosun, President of the Nigerian Association of Liquefied Petroleum Gas Marketers, has stated that many Nigerians…
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…