The Central Bank of Nigeria (CBN) has encouraged businesses to take advantage of the weak naira to explore export ...

Francis Leo Marcos, whose name the Supreme Court ordered included on the ballot for the May elections, is withdrawing as a ...

Ahead of the plans to formally launch the Nigeria Foreign Exchange (FX) Code, the value of the naira firmed at the parallel ...

IN a decisive demonstration of its commitment to ensuring seamless cash flow, the Central Bank of Nigeria (CBN) recently imposed sanctions on nine Deposit Money Banks (DMBs) for failing to provide ...

Nigerian small and medium enterprises (SMEs) faced significant economic challenges. High inflation, a weakened naira, and ...

The Nigerian economy is on track for a robust 4.17% growth in 2025, a significant improvement from the 3.36% recorded in 2024 ...

Wema Bank Plc, yesterday, announced that it would be completing its capital raise through a combination of a rights issue and special placement exercise, which will take off on April 1, 2025, to raise ...

Plans are underway by the Central Bank of Nigeria (CBN) to release the Nigerian Foreign Exchange Code –a guideline aimed at promoting ethical conduct in the FX market.

In November 2024, the SEC announced that banks raised N1.7 trillion from the capital market in their efforts to meet the ...

This resulted in the Bank’s successful completion of the first tranche of its capital raise exercise. With over 30% of the CBN target of N200 billion already met, Wema Bank is proceeding to initiate ...

ShareThe heavy N1.35 billion fine the Central Bank of Nigeria’s (CBN) slammed on nine deposit money banks (DMBs) last week for failing to dispense cash via their Automated Teller Machines (ATMs) ...