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Tensions Rise as Foreign Airlines Challenge CBN's Assertion on Cleared Forex Obligations
Nigeria Tensions Rise as Foreign Airlines Challenge CBN's Assertion on Cleared Forex Obligations
Nigeria News
1 min read
Amidst assertions by the Central Bank of Nigeria (CBN) of successfully settling all outstanding foreign exchange (FX) obligations, foreign...
Naira Strengthens as CBN Resolves $7 Billion Forex Backlog, Marks 4.6% Appreciation
Nigeria Naira Strengthens as CBN Resolves $7 Billion Forex Backlog, Marks 4.6% Appreciation
Nigeria News
1 min read
The naira has witnessed a notable appreciation at both the official and parallel markets following the Central Bank of Nigeria's (CBN) successful...
Petrol Prices Skyrocket: NBS Reports 157.57% Year-on-Year Increase to N679/Litre
Nigeria Petrol Prices Skyrocket: NBS Reports 157.57% Year-on-Year Increase to N679/Litre
Nigeria News
1 min read
The National Bureau of Statistics (NBS) reported a staggering 157.57% year-on-year increase in the national average price of Premium Motor Spirit...
Access Holdings Initiates Acquisition of National Bank of Kenya Post Herbert Wigwe's Demise
Nigeria Access Holdings Initiates Acquisition of National Bank of Kenya Post Herbert Wigwe's Demise
Nigeria News
1 min read
Access Holdings has announced its intention to acquire the National Bank of Kenya, marking its first significant move since the passing of Herbert...
Currency Strengthens: Naira Hits N1400/$1 in Parallel Market as Demand Slows
Nigeria Currency Strengthens: Naira Hits N1400/$1 in Parallel Market as Demand Slows
Nigeria News
1 min read
In the parallel market, operators are quoting a buy price of N1400/$1 for individuals selling dollars, marking a notable strengthening of the...
Forex Policy Shake-Up: Nigerians Skeptical as CBN Lifts Restrictions on Dairy Imports
Nigeria Forex Policy Shake-Up: Nigerians Skeptical as CBN Lifts Restrictions on Dairy Imports
Nigeria News
2 min read
The Central Bank of Nigeria (CBN) has announced a significant policy shift regarding foreign exchange (forex) restrictions on milk and dairy...
Zenith Bank Appoints Adaora Umeoji as First Female Group Managing Director: Here are 8 Things to Know About Her
Nigeria Zenith Bank Appoints Adaora Umeoji as First Female Group Managing Director: Here are 8 Things to Know About Her
Nigeria News
2 min read
Dame Adaora Umeoji, the newly appointed Group Managing Director/Chief Executive Officer (GMD/CEO) of Zenith Bank Plc. With over two decades of...
Zenith Bank Set to Appoint Dame Adaora Umeoji as New GMD/CEO
Nigeria Zenith Bank Set to Appoint Dame Adaora Umeoji as New GMD/CEO
Nigeria News
1 min read
Zenith Bank, one of Nigeria’s prominent financial institutions, is poised to announce Dame (Dr.) Adaora Umeoji as its new Group Managing...
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