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CBN: Nigerian Banks Safe Despite Rumors
Nigeria CBN: Nigerian Banks Safe Despite Rumors
Nigeria News
1 min read
In response to recent unverified reports circulating about the stability of Nigerian banks, the Central Bank of Nigeria (CBN) has issued a robust...
Naira Faces 1.1% Depreciation, Hits 1,233/$ at Parallel Market Amidst Forex Market Dynamics
Nigeria Naira Faces 1.1% Depreciation, Hits 1,233/$ at Parallel Market Amidst Forex Market Dynamics
Nigeria News
1 min read
The naira experienced a decline, exchanging at 1,233/$ at the parallel market, as reported by Bureau de Change (BDC) operators. Conversations...
Google's Massive Shake-Up: 30K Jobs on the Line as AI Takes Center Stage in Ad Sales Overhaul
Nigeria Google's Massive Shake-Up: 30K Jobs on the Line as AI Takes Center Stage in Ad Sales Overhaul
Nigeria News
1 min read
In a strategic response to its recent leaps in artificial intelligence, Google is poised to undergo a substantial restructuring of its extensive...
Titan Trust Bank debunks alleged illegalities in Union Bank’s acquisition
Nigeria Titan Trust Bank debunks alleged illegalities in Union Bank’s acquisition
Nigeria News
4 min read
Titan Trust Bank has debunked media reports alleging illegalities in the acquisition of Union Bank of Nigeria Plc. In a statement by the...
Naira Takes a Dip to N885.88/$1: What it Means for Your Christmas Shopping
Nigeria Naira Takes a Dip to N885.88/$1: What it Means for Your Christmas Shopping
Nigeria News
2 min read
The Nigerian naira faced a significant setback, depreciating by 2.71% against the dollar to close at N885.88/$1 on December 22nd, 2023. This...
Nigeria's Central Bank Reverses Crypto Ban, Calls for Regulations
Nigeria Nigeria's Central Bank Reverses Crypto Ban, Calls for Regulations
Nigeria News
1 min read
In a surprising turn of events, the Central Bank of Nigeria (CBN) has reversed its stance on cryptocurrency transactions, urging banks to...
Central Bank's Ultimatum: Desist from Naira Hoarding or Risk Penalties, Cautions Banks and POS Services
Nigeria Central Bank's Ultimatum: Desist from Naira Hoarding or Risk Penalties, Cautions Banks and POS Services
Nigeria News
1 min read
As the cash scarcity stemming from the redesign of three naira notes lingers, Nigerians find themselves grappling with the aftermath of a policy...
Port Harcourt Refinery Resumes Operations After Years: What It Means for Nigerians
Nigeria Port Harcourt Refinery Resumes Operations After Years: What It Means for Nigerians
Nigeria News
2 min read
In exciting news, the Port Harcourt Refining Company (PHRC) in Rivers State, Nigeria, is back in action after being offline for quite some time...
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