The Nigeria Deposit Insurance Corporation (NDIC) is worried that weak corporate governance and poor risk management frameworks, which are major...
Nigeria’s leading online marketplace Kaymu, today, announces the expansion of its operations to the nation’s capital Abuja. The expansion was borne...
The naira slipped 0.27 percent on Monday amid a shortage of dollars on the interbank market, as higher demand coupled...
The naira fell 0.34 percent against the dollar during mid-morning trade on Thursday, below a three-month low of 164 it touched...
The naira fell 0.34 percent to a three-month closing low of 163.45 against the dollar on Wednesday, despite the Central...
The Central Bank of Nigeria (CBN) intervened to support the naira, on Tuesday, after the local currency shed 0.57 percent...
The Nigerian currency was unchanged at 162.95 naira at Monday’s market close, after the regulator asked banks for bids to...
The $140 billion lost by Nigeria to illicit financial flows has been linked to lack of integrity and transparency among...
There is hope for foreign exchange users this week as the local currency is expected to appreciate at the inter-bank...
Applications received for the first 10,000 mortgages under the new mortgage refinance scheme reached some 66,402 just within 33 days,...
Atlas Mara, the African banking venture of former Barclays boss Bob Diamond, has awarded its Chief Executive John Vitalo shares...
The naira on Wednesday weakened against the US dollar by N0.05k at the inter-bank market in spite of the Central Bank of Nigeria’s (CBN) foreign exchange sales. After...
At 20 percent, the ratio of Nigeria’s capital market to its GDP size is a source of worry to the Securities and Exchange Commission (SEC),...
The naira fell to its lowest level in two months against the U.S. dollar on Wednesday, as the sale of greenbacks...
The naira firmed against the U.S. dollar on Monday, after some offshore funds bought the local currency to participate in...