A Nigerian engineer on Tuesday drew the attention of his bank following a mistaken transfer of over 7.3 million naira (equivalent to about $20,100) into his account.
The Central Bank of Nigeria (CBN) on Tuesday, August 15, 2017, intervened in the Inter-Bank Foreign Exchange Market to the tune of $364million in a bid to sustain liquidity in the market.
South Africa’s rand was slightly weaker on Tuesday ahead of a court ruling on the Central Bank’s inflation targeting mandate and an economic update by ratings agency, Moody’s.
There is a state of panic among customers of two commercial banks in Ghana after the Bank of Ghana (BoG) announced a takeover of the banks.
The Central Bank of Nigeria says it is closely monitoring the use of naira-denominated cards for international transactions by bank customers.
The National Pension Commission on Saturday said no fewer than 184,979 retirees benefited from Contributory Pensions Scheme.
The National Pension Commission (PenCom) has kicked against the bill seeking to exclude paramilitary organisations including the police from the Contributory Pension Scheme (CPS).
Diamond Bank Plc has created additional 13 millionaires in its daily extraordinary draws across the six geopolitical zones of Nigeria’s economy.
However, according to insiders, the bank is exposed to litigation issues that could see it in serious financial trouble in the future as events unfold in the courtroom.
Supranational trade finance bank, African Export-Import Bank (Afreximbank), says it is opening its shareholding to the investing public with a 300 million dollars equity offering through the issuance of depositary receipts.
Nigeria’s foreign exchange reserves rose to $31.22 billion, data from the Central Bank of Nigeria, CBN, have shown.
The United States has said more than $6bn has been invested in Nigeria’s HIV/AID control, even as more than one million women and children are currently on HIV treatment through the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR).
Wisconsin became the last of six states to officially declare victory for Joe Biden late on Monday, in spite of the legal challenges posed by President Donald Trump to stop the certification of results.
The House of Representatives may today reach a resolution to invite President Muhammadu Buhari to give explanations on the true security situation of the country.
Real Madrid travel to Ukraine for this evening’s Champions League clash with Shakhtar Donetsk in the knowledge that victory is absolutely crucial as explained by Mundo Deportivo.
For the first time you can now vote for the UEFA.com fans’ Women’s Team of the Year, with 50 players available when selecting your chosen XI.
The trial of former Chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina, on money laundering charges continued in his absence on Wednesday, as a witness, Mrs. Rouquayya Ibrahim, narrated how he stole over N14billion from the federal pension account.
The former President of Nigeria, Olusegun Obasanjo, has lamented the fate of over 14 million out of school children in Nigeria, declaring that lack of formal education and stagnated development are some of the biggest problems confronting the country.
The Inspector General of Police, Mr. Mohammed Adamu, has urged officers and men of the Force to use their firearms for self-defence, not to kill.
Nigeria Professional Football League champions, Kano Pillars FC, touched down in Dakar, the capital of Senegal ahead of their CAF Confederation Cup on Friday.
Sambo expressed his worries over the challenges in the education sector while speaking at the Alumni Associations of Nigerian Universities (CAANU) fourth-quarter delegates conference in Kaduna on Saturday.