Banking

The Nigerian naira depreciated further against the U.S. dollar, closing at N1,656.49 on September 17, 2024, at the official Investor...

Seven major Nigerian banks have reported a combined revenue of N132.45 billion from their e-business operations in the first half...

Despite a challenging economic environment, six Nigerian commercial banks reported a combined profit before tax of N979.19 billion for the...

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...