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Debt servicing cost N8.94t as fiscal deficit expands – Special Report

  Caption: Wale Edun,Finance Minister The federal government has spent a whopping N8.94 trillion on debt servicing in the first nine months of 2024, representing a...

Fidelity Bank Launches “Bundles of Joy” Initiative to Support Children with Special Needs and Their Families

  As part of its commitment to fostering inclusivity, Fidelity Bank Plc has inaugurated the Bundles of Joy programme, a groundbreaking initiative aimed at creating...

Sterling HoldCo gets additional N75bn capital base..

…cements capital raise with full regulatory approval Sterling Financial Holdings Company PLC has achieved another milestone with the approval of the Central Bank...

Inflows from holiday makers pushes Naira up

as new forex system gains traction The Central Bank of Nigeria’s (CBN) implementation of the Electronic Foreign Exchange Matching System (EFEMS) has triggered a...

‘Emefiole’ Nigeria’s King of Thieves ?

  In life it is as easy to acquire fame as it is to become infamous. By an incredulous act,one can descend from the top to the bottom and go down as one who never...

CBN launches new website

  CBN       The Central Bank of Nigeria (CBN) has launched its newly redesigned website, www.cbn.gov.ng, scheduled to go live on Dec. 2.  ...

I collected $400,000 on behalf of Emefiele – Witness

  The seventh prosecution witness, in the on-going trial of ex-governor of the Central Bank of Nigeria, CBN,Godwin Emefiele,John Adetola has narrated how as his...

Naira gains N28.85 against dollar at official market

  Caption:Naira   The Naira on Thursday appreciated at the official market trading at N1,658.67 against the dollar.   Data from the official trading...

Yuan weakens to 7.1935 against dollar

  The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 24 pips to 7.1935 against the dollar on Wednesday. This is according to the China...

Naira appreciates by 0.67% against dollar at official market

  THE Naira appreciated on Tuesday at the official market, trading at N1,678.93 against the dollar and recovering from a three-day trading loss. Data from the...