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The Nigerian currency showed strength in the official currency market but remained lukewarm in the black market following the CBN’s interest rate hike. FMDQ data showed...
The Managing Director and Chief Executive Officer of Fidelity Bank Plc, Nneka Onyeali-Ikpe, has acquired 15 million shares of the bank in a transaction worth N239.4...
The Central Bank of Nigeria (CBN) has issued new guidelines for interbank foreign exchange trading through the Electronic Foreign Exchange Matching System (EFEMS), mandating a minimum...
The Federal Mortgage Bank of Nigeria (FMBN) has secured a ₦100 billion Offtaker Guarantee to support the development of the Karsana Renewed Hope City in Abuja....
The shareholders of FBN Holdings have approved the company’s plan to raise up to N350 billion in additional capital and change its legal and brand names....
MultiChoice Group Limited has written off $21 million deposited in Nigeria’s Heritage Bank after the financial institution’s liquidation earlier this year. This was disclosed in the...
Access Bank has entered into an agreement to acquire a majority stake in AfrAsia Bank Limited, the fourth-largest bank by total assets in Mauritius, valued at...
