Zenith Bank to raise N290 billion fresh fresh capital to meet up CBN re-capitalization mandate
Zenith Bank Plc has finalised plans to raise about N290bn fresh capital, which is higher than the N230bn it needs
Read more
Yemi Cardoso
Central Bank of Nigeria to sell $20,000 dollars 1583 approved BDC at N1,450 per dollar
The Central Bank of Nigeria (CBN) has announced the approval of the sales of FX to eligible Bureau De Change
Read more
Government should protect existing businesses & manufacturers as ÇBN almost 30% interest rate is killing —-Dangote
Chairman and Chief Executive Officer of Dangote Group, Aliko Dangote, has criticised the latest increment of interest rate to almost
Read more
Naira rated and emerged as the worst performing currency in 2024—Bloomberg reports
The naira has emerged as the worst-performing currency in the world in the first half of 2024. According to a
Read more
Federal high court orders final forfeiture of N12.18 billion properties linked to former ÇBN governor Emefiele
The Federal High Court sitting in Lagos on Friday ordered the final forfeiture to the Federal Government properties valued at
Read more
Nigeria’s public debt increases by N24.33 trillion in 90 days and now stood at N121.67 trillion
Nigeria’s total public debt is now ₦121.67 trillion ($91.46 billion), the Debt Management Office (DMO) said Thursday. The DMO said
Read more
Buhari spent $1.5 billion monthly defending naira & borrowed massively to cover costs–Tinubu Alleges
President Bola Ahmed Tinubu yesterday pushed back on claims that Nigeria is going through the worst economic crisis in a
Read more
Customers & Depositors panic as N2.76 billion frauds hit Guaranty Trust Bank in just one year
Depositors of the Guaranty Trust Bank (GTBank) are jittery over the safety of their money as the bank recorded 16,965
Read more
Three Access Bank staff arrested and arraigned in court for stealing of N3.5bn customers’ funds
Access Bank PLC is currently in a fix over alleged stealing of N3.5billion customer funds by three men. The suspected
Read more
Northern youths threaten to shutdown the country over unbalanced & lopsided staff retrenchment in CBN
The Conference of Autochthonous Ethnic Communities Development Association (CONECDA) Youth Wing has threatened to shut down the country over the
Read more