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FCMB confirms Yemisi Edun as CEO

First City Monument Bank, FCMB Limited has confirmed the appointment of Yemisi Edun as the substantive managing director of the bank.

Nigeria’s dollar reserves plunge despite $77 oil price

Nigeria’s dollar reserves keep going down south, despite the increase in the international price of crude. Published graph by...

Naira Crashes To Four-Year Low

It has been reported that Nigeria's currency weakened to a four-year low in the parallel market after the central bank's efforts to...

CBN agrees to mint currency for Gambia

The Central Bank of Nigeria (CBN) has agreed in principle to mint The Gambian Dalasi. The CBN governor, Godwin...

African Development Bank Launches $464 Million Kangaroo, Social Bond

The African Development Bank said on Monday it is returning to the Australian capital market with the launch of a 5.5-year $464...

Naira Falls to $411.07/$1 at I&E, Remains N502/$1 at Black Market

The Naira opened the new week in the negative zone at the Investors and Exporters (I&E) window of the foreign exchange (FX)...

First Bank Debunks Closure Of South-East Branches

Nigerian multinational bank, the First Bank of Nigeria Limited has debunked some media reports that its branches in the South-East part of...

Naira Trades For N493 Per Dollar At Parallel Market

The naira has depreciated against the dollar on Wednesday at the exchange rate market. The naira fell to N493...

World Bank approves N288b credit for Nigeria

The World Bank has approved a 700 million dollar (app. N288 billion) credit for the Nigeria Sustainable Urban and Rural Water Supply,...

CBN confirms N410.25/$ as new official exchange rate

CBN has confirmed NAFEX Investor & Exporter forex window rate is now Nigeria's official benchmark exchange rate. The Central Bank...

Gtbank named most admired financial services brand in Africa

Guarantee Trust Bank Plc(Gtb) has been named the Most Admired Financial Services Brand in Africa. This was announced by Brand Africa at...

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Newly appointed UNIPORT DVC, Andrew Efemini is dead

The University of Port Harcourt has lost its newly appointed Deputy Vice-Chancellor, Professor Andrew Efemini. The Management of the...

Leaders must sacrifice for the interest of Ijaw land – Jonathan

Former Nigeria’s President, Goodluck Jonathan, has called on leaders and stakeholders of Ijaw Nation to make sacrifices for the interest of Ijaw...

Amotekun Kill Two Kidnappers In Oyo

No fewer than two suspected kidnappers have been killed in Iwajowa Local Government Area of Oyo State. It was...

Saraki attends a function in Abuja, Amid reports of EFCC arrest for money laundering

Amid reports of his arrest, Bukola Saraki, former Senate President, on Saturday attended a function. Saraki attended the wedding...