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Naira free-float policy; Nigeria’s external reserves drops by $915m
After the Central Bank of Nigeria formally floated the Naira and liberalized the foreign currency market, Nigeria's…
Economic Crises: Online Grocery Company, Easyshop Easycook shuts down operation in…
Easyshop Easycook Services, a pioneer in the online grocery delivery industry in Nigeria for 18 years, has stated…
Breaking: Big blow as Nigeria’s GDP growth drops to 2.51%
The second quarter of 2023 saw a real-terms slowdown in Nigeria's Gross Domestic Product, GDP, to 2.51 percent…
Q1 2023: NBC announce 4.1% drop in unemployment rate
According to the National Bureau of Statistics (NBS), Nigeria's unemployment rate decreased from 5.3 percent to 4.1…
Stanbic IBTC rebrands, changes subsidiary name to ZEST Payment
The parent company of Stanbic IBTC Bank, Stanbic IBTC Holdings Plc, has started a renaming process for its fintech…
Electronic Fraud: How Banking sector recorded N9.5bn losses in five years –…
According to the Central Bank of Nigeria (CBN), financial sector losses due to electronic fraud totaled N9.5…
CBN issues fresh operational guideline to BDCs amid forex crisis
In response to the forex crisis, the Central Bank of Nigeria has announced a number of operational modifications to…
CBN refutes claim of placing new policy actions on Forex
The Central Bank of Nigeria has refuted rumors that it will be implementing new foreign exchange market policy.…
After Tinubu’s meeting with CBN Governor, Dollar crashes to N790 at parallel…
According to the Platinum Times, the dollar on Tuesday fell to between N805 and N790 at the parallel exchange…
Insurance coverage: NCAA to embark on shutdown of airlines
Any aircraft operated by a small airline without adequate insurance coverage might be shutdown, according to the…