Black market exchange rate falls to N870/$1 on 4th November 2022
The exchange rate between the naira and the US dollar fell drastically on the black market on Friday, 4th of November 2022, trading at an average...
Buhari sacks Chukwuyere Anamekwe as Accountant-General of the Federation
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Anamekwe has been replaced by Sylva Okolieaboh, a director at the...
Paramount Skydance Eyes $24bn Gulf Funding to Power $110bn Warner Bros....
Paramount Skydance is in advanced talks to secure nearly $24 billion in equity commitments from major Gulf sovereign wealth funds as it pushes forward...
Naira drops down to N1,000 per dollar despite Tinubu’s float test
The naira on Tuesday exchanged at N1,000 to the United States dollar at the parallel market, a historic dip that spotlights the weakness of...
Fidelity Bank Set To Acquire Union Bank
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...
What Business Can I Start With 50k as a Student
As a student, the idea of starting a business may seem daunting and unrealistic, especially with limited funds. However, starting a business as a...
CBN stops Moniepoint, Palmpay, Opay, Kuda from onboarding new customers following...
The Central Bank of Nigeria (CBN) has directed four fintech companies to suspend onboarding new customers until further notice temporarily.
The fintech startups listed earlier...
CBN increased capital base for commercial banks with international authorisation to...
The Central Bank of Nigeria (CBN) has increased the capital basis of commercial banks with international authorization to N500 billion and national banks to...
JUST IN: CBN to reduce the volume of N500, N1000 in...
The Central Bank of Nigeria (CBNGovernor, )'s Godwin Emefiele, stated that the apex bank intends to gradually reduce the volume of N500 and N1000...
King Charles Banknotes Will Go Into Circulation In The UK By...
On Tuesday, the Bank of England revealed the designs for the first banknotes featuring King Charles III's image, estimating that they will be in...