Banking

In a startling display of market volatility, Wall Street recently experienced a dramatic sell-off, erasing more than $1.05 trillion in...

In a notable financial turnaround, six prominent Nigerian banks have reported substantial increases in pre-tax profits for the first half...

The Central Bank of Nigeria (CBN) has reported a notable increase in banks' deposits, reaching a record N3.42 trillion by...

Zenith Bank Plc has announced a significant rise in its financial performance for the first half of 2024, reporting a...

Nigeria's foreign trade payments via Letters of Credit (LCs) saw a significant decline in the first seven months of 2024,...

The Central Bank of Nigeria (CBN) has lifted the suspension on its Standing Lending Facility (SLF) for authorized dealers, a...

Nigeria's foreign exchange (FX) market experienced a significant boost in trading activity in July 2024, with a turnover of N11.48...

Fidelity Bank, one of Nigeria's tier-2 financial institutions with a market capitalisation of ₦323 billion, has strongly denied allegations of...

Currency traders have blamed the persistent depreciation of the naira and the volatility in Nigeria's foreign exchange (FX) market on...

The Nigerian foreign exchange (FX) market witnessed a significant downturn in turnover during the first two weeks of August 2024,...