The Association of Bureaux De Change Operators of Nigeria has warned foreign exchange speculators pushing the naira to forceful depreciation through their illegal activities.
Unity Bank Plc has said that it recorded gross earnings of N33.906 billion for the nine months’ period ended September 30, 2020.
Zenith Bank Plc and United Bank for Africa (UBA) Plc, pan-African financial institutions, have reported a combined gross earnings of N963.375 billion and profit after tax (PAT) of N236.132 billion for the nine months ended September 30, 2020 despite the challenging operating environment.
United Bank for Africa (UBA) has announced a 5.99 percent growth in gross earnings from N428.7 billion in September 2019 to N454.4 billion in 2020.
Sterling Bank Plc has reported a trading income of N7.1 billion for the third quarter (Q3) ended Sept. 30, compared with N1.9 billion achieved in the corresponding period in 2019, notwithstanding the uncertainties caused by the COVID-19 pandemic and recent fiscal reforms by government
FIFA has lifted its suspension of the Trinidad and Tobago Football Association (TTFA), giving the national governing body full membership rights and allowing its teams to return to international competition.
The Central Bank of Nigeria (CBN) has listed conditions to allow the opening of Forms ‘M’ by companies whose forex payments are unavoidably routed through a buying company, agent, or other third parties.
The Fiscal Responsibility Commission (FRC) is seeking an amendment to its activities to allow the punishment of agencies who fail to render their accounts as prescribed by law.
International Money transfer company, WorldRemit, has launched its World Remit Entrepreneurs Programme in Africa.
Bitcoin rallied Tuesday for the second consecutive day, gaining $1,500 to approach an all-time high in a market that is now ready to take on risk.
The Nigeria Extrative Industries Transparency Initiative (NEITI) said the Federation Account Allocation Committee (FAAC) had disbursed N2.054 trillion to the three tiers of government and other statutory recipients in the third quarter of 2020.
The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the Governor of the Central Bank of Nigeria, Godwin Emefiele, over alleged non-remittance of N3.24tn revenue that accrued from sales of crude oil in 2014.
The naira weakened to 470 against the United States dollar in the parallel market on Friday despite the interventions of the Central Bank of Nigeria in the official window.
Following the economic challenges brought about by the Coronavirus (COVID-19) pandemic and the EndSARS protests, insurance companies have appealed to the National Insurance Commission, NAICOM, to amend some of the requirements in the recapitalisation exercise in the sector.
The African Export-Import Bank and Agence Française de Développement have reiterated their commitment to scaling up finance for climate change initiatives in Nigeria and other African countries.
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has said that electronic transaction volumes increased by about 67 per cent during the COVID-19 lockdown with increased transactions at agent networks.
Access Bank’s Executive Director of Technology and Operations, Mr Ade Bajomo, has been appointed the new President of the FinTech Association of Nigeria (FintechNGR). This was first announced during FinTechNGR’s virtual Annual General Meeting held recently.
U.S. President Donald Trump visits the key southeastern state of Georgia Saturday to campaign alongside two Republican senators running against Democratic challengers in the January runoff election that will decide which party controls the Senate at the beginning of Joe Biden’s presidency.
Saturday’s bye-elections in Bayelsa Central and West was characterised by snatching of ballot boxes and ballot papers in some parts of the two senatorial districts.
Director of the National Orientation Agency (NOA), Adamawa, Malam Mohammad Gabdo, has attributed the high crime rate and insecurity in Nigeria to poor parental care and not bad governance.
The Special Staff Verification Committee inaugurated by the Acting Chief Judge of Kogi State, Justice Henry Olusiyi, said it has uncovered fraud in the state judiciary.
Suspected kidnappers have killed one Sani Khalil after collecting N1.5 million in ransom in Igabi Local Government Area of Kaduna State.
Roma were blown away on an emotional night in Naples with the city still in mourning after the passing of Diego Maradona.
Bali, a respected general, was member of the highest decision making body of government during the military era in the 1980s. He was a member of the Supreme Military Council from 1984 to 1985 during the Major General Muhammadu Buhari military regime. Bali also served as member of the Armed Forces Ruling Council from 1985 to 1990 during the regime of General Ibrahim Babangida.
IVM Innoson, Group of Companies, through one of its subsidiaries, Innoson Nigeria Ltd. has asked court to stop Guaranty Trust Bank (GTB) from transmuting to a Private and a Financial Holding Company until it pays the over N32 billion Supreme Court judgement debt.
West Ham defender, Angelo Ogbonna, has said David Moyes has injected a new sense of belief inside the squad.
A Hong Kong television station said on Tuesday about 100 staff were “affected” by a shake-up as it seeks to control costs and remain competitive in a challenging economic environment, a move that has re-ignited worries over media freedom in the city