Naira Gains 1.35% to N1455/$ as Reserves Hit $42.33bn
The naira appreciated to N1455.23 per dollar at the official foreign exchange market on Thursday, strengthening 1.35 per cent from...
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Strong October Kick-off: Nigerian Equities Soar, Market Cap Hits N90.8 Trillion
Nigeria’s equities market started October on a strong note as the total market value surged past N90.8 trillion. Investor optimism and...
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Zenith and GTCO Lead Nigerian Banks’ ₦126.8 Billion Technology Surge
The Nigerian banking sector has intensified its digital transformation efforts, with five of the nation’s foremost lenders collectively spending an...
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Historic Cash Flood: Banks Deposit N50.73trn with Central Bank
Nigerian commercial banks have dramatically ramped up their deposits with the Central Bank of Nigeria (CBN), reaching a historic sum...
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CBN Hits Banks with 75% Reserve Rule on Government Cash
Commercial banks in Nigeria are expected to face a significant drain on their cheap funding sources following a decisive move...
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