Airtel incurs $1.7 billion in foreign exchange loss over currency devaluation in Nigeria, Malawi
Airtel Africa, Nigeria's second largest telecoms company has reported significant financial setbacks due to currency devaluations in several of its...
20TC: Access, UBA and Zenith, total assets exceed ‘N20 trillion, form largest banking trio in Nigeria
UBA and Zenith Bank have joined Access Corporation in the N20 trillion club (20TC) in terms of total assets.
Nigerian Pensioners face 30% decline in net asset value when dollarized
Amid an optimistic narrative surrounding gains in net asset value by pension fund administrators, Nigerian pensioners find themselves grappling with...
Hacks on payment system could result in $3.5 trillion losses – Llyods
Lloyds of London has issued a stark warning, raising concerns that a colossal $3.5 trillion could be siphoned from the...
US, USAID, Chapel Hill partner to access $1 trillion funds from American Institutional Investors
Bolaji Balogun, CEO of Chapel Hill Denham Limited, announced a strategic partnership with US government's Prosper Africa, and Power Africa...
UK, US, 3 others contribute 79% of Nigeria capital importation by country of origin
The UK, USA, RSA, Singapore, and UAE contributed 79% of Nigeria's capital imports from 2019 to H1 2023, with declining...
Currency Roundtripping concerns grow as exchange rate disparity widens
There are mounting concerns that the widening disparity between the dollar and naira may be triggering a new wave of...
Black market welcomes Cardoso with N960/$1, P2P now N970/$1
The exchange rate between the naira and the dollar fell to a record low of N960/$1 on Monday, the first...
New data shows marginal gains in gender diversity at Nigeria’s top Banks in 2022
Is the glass ceiling finally cracking? How Nigeria's top banks are shifting toward gender equality in 2022
President Tinubu nominates new CBN governor and management team
President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the...
