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Fidelity Bank Set To Acquire Union Bank

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Fidelity Bank Plc has announced its proposed acquisition of a 100% equity stake in Union Bank Plc in the United Kingdom. In a corporate filing...

US Government To Return $23m Abacha Loot

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Nigeria and the United States government have reached an agreement on the return of over $23 million of the Abacha loot. Nigeria and the United...

CBN Asks Banks To Pay Higher Interest On Savings

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The Central Bank of Nigeria has raised the minimum interest rate on Naira savings deposits from 0.15 percent to 4.2 per cent. The new directive...

“Buhari regime used N18.9 billion to clear bush”, says House of...

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Nigeria’s agriculture ministry spent N18.9 billion on bush clearing during the COVID-19 lockdown, heard the House of Representatives in a probe hearing of the...

Dollar to Naira Exchange Rate/ Black Market Rate Today, 16th August,...

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How much is the Dollar to Naira Exchange rate on the black market (aboki) today, 16th August 2022? See today’s Dollar to Naira exchange rate. On this...

₦31 Million Stolen At Katsina Government House

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Katsina State government has confirmed the stealing of some monies by some unknown persons at the account section of the Government House. The Director-General (Media)...

Buhari’s govt confirms they paid N1.14bn for Niger Republic to buy...

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The Federal Government, on Wednesday, defended the disbursement of N1.15bn for the purchase of 10 SUVs for the Republic of Niger, saying that the...

BREAKING: Naira appreciates to N669/$1 at the peer-to-peer market

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From N692.25/$1 on Monday, August 1, 2022, the exchange rate between the naira and the US dollar increased to N669/$1 on Tuesday morning. This...

“We Are Working To Avert Further Naira Fall” – CBN

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With an escalating demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) has assured that it...

Nigerians will soon begin paying 12.5% tax as the Federal Government...

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Nigerians will soon begin paying 12.5% tax as the Federal Government prepares to apply a 5% inclusive excise duty on telecommunications services in Nigeria. This...

Suspended Accountant-General, Ahmed Idris remanded in prison

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Justice A.O. Adeyemi Ajayi of the Federal High Court sitting in Abuja has remanded the suspended Accountant-General of the Federation, Ahmed Idris, in prison...

Kuda Bank to begin charging customers N50 per N10,000 deposit from...

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According to Kuda Microfinance Bank, it would start adding N50 to any deposits made into clients' Kuda accounts that total N10,000 or more. The bank...

UBA Customer Laments N1.4M Deduction From Account, Threatens Legal Redress (Video)

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UBA customer Princess Victoria Ajibola aka omo local, a popular actress, on Friday exactly 11am, laments on illegal deduction of 1.4 million naira from...

Buhari sacks Chukwuyere Anamekwe as Accountant-General of the Federation

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President Muhammadu Buhari has removed Chukwuyere Anamekwe as the Account-General of the Federation (AGF). Anamekwe has been replaced by Sylva Okolieaboh, a director at the...

Dollar to Naira Exchange Rate/ Black Market Rate Today, 22nd June,...

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The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N610 and sell at N607 on Tuesday, June 21st 2022, according to sources at Bureau De Change (BDC).
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