FBN Holding has appointed Mr. Olusegun Alebiosu as the Acting Chief Executive Officer of First Bank of Nigeria Limited. The appointment of Alebiosu was announced in...
The Managing Director and Chief Executive Officer (CEO) of First Bank Nigeria Limited, Dr. Adesola Adeduntan, has resigned from the bank abruptly to pursue other interests....
In a bid to foster robust development in Ekiti State, the Governor of the state, Mr Biodun Oyebanji on Thursday had in a crucial meeting with...
Governor of Central Bank of Nigeria (CBN), Yemi Cardodo has sacked a fresh batch of 40 staff mostly from the Development Finance Department (DFD), in furtherance...
The World Bank has stated that Nigeria’s inflation rate will remain high at 24.8 percent year-on-year, YoY, in 2024. The World Bank also reaffirmed its projection...
The Central Bank of Nigeria, CBN, has prohibited the use of Foreign Currency-denominated collaterals for Naira loans by all Nigerian banks. The apex bank disclosed this...
The Central Bank of Nigeria (CBN) has approved daily sales of 10,000 dollars to 1,588 eligible Bureau De Change operators at the rate of N1,101 to...
The Central Bank of Nigeria has begun another tranche of dollar sales to Bureau De Change Operators to further boost Naira’s appreciation at foreign exchange market....
Naira has continued to gain tremendously at the official market, trading at N1,278.58 to a dollar on Tuesday. Data from the official trading platform of the...
The Central Bank of Nigeria says Nigeria recorded over $1.5 billion inflow into the economy in the past few days. Sidi Ali, the acting Director of...