Naira Surges: GTBank, UBA Cut Dollar Rates
Nigeria's currency surges against USD, reaching strongest level in months as major commercial banks reduce rates following EFEMs platform introduction.
Nigeria's currency surges against USD, reaching strongest level in months as major commercial banks reduce rates following EFEMs platform introduction.
Turkish giants Galatasaray secure major financial backing as they pursue Nigerian striker Victor Osimhen in blockbuster transfer deal
A Nigerian High Court has convicted and sentenced a bank Managing Director to prison for misappropriating customer funds totaling N135 million in a landmark financial crime case.
CDCIFB alerts Nigerians about fraudulent recruitment messages falsely claiming to be from Central Bank. Learn how to spot these scams and protect yourself from financial fraud.
Zenith Bank's groundbreaking Zecathon initiative offers ₦140 million in grants to Nigerian innovators and startups, driving technological advancement and economic growth across the nation.
Turkish giants Galatasaray have set a staggering transfer fee for Super Eagles striker Victor Osimhen, using Alexander Isak's valuation as benchmark amid Barcelona's strong interest.
Lagos State Governor Babajide Sanwo-Olu has initiated a massive ₦2.7 billion financial relief program for vulnerable households, while the Federal Government expands its cash transfer scheme nationwide with ₦75,000 payments to millions of Nigerians.
The Eurozone economy has delivered a powerful performance, exceeding all forecasts with stronger-than-expected growth in the first quarter of 2024, driven by Germany's recovery and resilient consumer spending.
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini
The Bank of Japan maintains ultra-low interest rates while signaling potential future hikes as yen weakness and inflation concerns persist. Get the latest analysis on Japan's monetary policy direction.
Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.
Kano Electricity Distribution Company kicks off transformative mass metering program backed by World Bank funding, promising relief from estimated billing for millions of customers across Northwest Nigeria.
European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.
An in-depth analysis of Nigeria's conditional cash transfer scheme, highlighting transparency gaps and proposing solutions for effective poverty alleviation.
CBN's aggressive monetary policy triggers significant decline in money supply during September, signaling tighter financial conditions for Nigerian businesses and consumers.
MAN reveals only 49% of manufacturers' forex needs are met, threatening production and economic growth despite positive 4% sector outlook for 2024.
A Nigerian OPay user's desperate plea for refund after sending money to wrong account trends online as 'Na I Go Rent' saga captures social media attention.
Napoli superstar Victor Osimhen is reportedly pushing for his Super Eagles teammate Ademola Lookman to join him at Turkish giants Galatasaray, creating excitement among Nigerian football fans.
Sent money to wrong bank account in Nigeria? This comprehensive guide reveals exactly what to do immediately, your legal rights, and how to successfully recover your funds from Nigerian banks.
A Nigerian lady's innocent observation about her father's WhatsApp profile picture led to an unexpected family revelation that has social media buzzing with reactions.
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million from international lenders to fund critical infrastructure projects and support the 2024 budget.
A Nigerian lady in the UK shares how her mother's innocent error during a church service led to unexpected reactions and a powerful lesson about faith and community.
A Nigerian woman was caught red-handed swapping an elderly man's ATM card during a banking transaction. CCTV footage exposed the theft attempt at a commercial bank in Nigeria.
Learn step-by-step how to apply for the Federal Government's ₦75,000 cash transfer program. Get all requirements, eligibility criteria and application process explained.
Spanish banking giant Santander reports historic €11.1 billion profit for 2023, driven by strong European and American markets. See how this impacts global banking.
Nigerian financial giant Access Holdings PLC has finalized a historic acquisition of National Bank of Kenya, marking one of Africa's largest cross-border banking transactions worth ₦179 billion.
Federal Government intensifies poverty alleviation efforts, extending cash transfers to 75 million Nigerians facing economic challenges. New payment structure and expanded beneficiaries announced.
In a groundbreaking initiative, the Federal Government partners with World Bank to equip 300 young Nigerians with modern aquaculture skills, creating new opportunities in fisheries and agriculture sectors.
Germany's banking giant Deutsche Bank reports historic €5.7 billion profit driven by strong trading and investment banking performance in 2023.
A young Nigerian woman has set social media ablaze after proudly displaying her impressive OPay bank account balance online, sparking massive reactions and financial envy across platforms.