Despite the backdrop of the positive growth reported for the Nigerian economy in the second quarter 2021 amidst the adverse effect of the COVID-19 pandemic and the drop in Nigeria oil production, a few numbers of commercial banks have recorded impressive growth in their revenues.
Findings from the financial results of five leading banks listed on the Nigerian Exchange Limited (NGX) show that the combined gross earnings grew marginally.
President Bola Ahmed Tinubu has appointed Mr. Ayo Sotinrin as the new Managing Director of the Bank of Agriculture. According to a statement by Tinubu’s spokesman, Bayo Onanuga, the appointment takes immediate
The Nigerian naira experienced a significant depreciation on Thursday, 3 April, crashing to N1,569 per dollar at the official foreign exchange market. This comes a day after the United States President, Donald
What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market, also known
The Nigerian National Petroleum Company Limited (NNPCL) has finally joined other oil marketers in raising the price of Premium Motors Spirit (PMS), also known as petrol. With effect from 2 April 2025,
Nigeria’s net foreign exchange reserves increased significantly to $23.11 billion by the end of 2024, the highest level in more than three years. This is according to data released by the Central
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