Finance & Economy
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Official exchange rate crashes to 6-day low as reserves fall
This is the weakest it has been since April 8, when the official rate closed at N1,230.61/$1, suggesting downward pressure…
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First Bank appoints Olusegun Alebiosu as acting CEO
First Bank of Nigeria Limited has announced the appointment of Mr. Olusegun Alebiosu as its Acting Chief Executive Officer, effective…
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Excess crude account: FG earmarks N16.1 billion monthly to settle states’ N1 trillion debts
The Federal Government has set aside N16.1 billion monthly for the settlement of N1 trillion debts owed by state governments.…
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Naira stays stronger at black market amid a mixed bag of U.S economic data
The Nigerian naira held its value against the US dollar in the black market, but it slightly declined in the…
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External Reserves: Cardoso says CBN not defending Naira
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has addressed concerns over the declining external reserves, maintaining…
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Rising inflation, weak earnings push 10 million Nigerians into poverty in 2023 – World Bank
Rising inflation and weak earnings have pushed 10 million Nigerians into poverty in 2023, according to the World Bank in…
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Access Bank 2023 Results: Beating down Cost and Impairment Charges to Boost Value For Money
Access Bank , no doubt , rode the wave of the gains of its acquisition initiatives and core competencies in…
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Banking stocks drag NGX to second consecutive week of losses
The NGX continued its bearish trajectory for the second consecutive week as the market recorded a 1.09% decline during the…
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Naira breaks key resistance against dollar, within N1000/$ mark
The naira held onto its bullish momentum despite the dollar’s most recent aggressive gains this week, as concerns about persistent…
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FirstBank: 130 Years of Enabling Success
In a country with short-lived corporate excellence and a handful of centenary companies, hitting 130 years is undoubtedly a significant…
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