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Femi Otedola, the chairman of First Bank of Nigeria (FBN) Holdings and majority shareholder, has increased his stake in the financial company to 13.15 percent. Otedola...
ExxonMobil has announced plans to invest $10 billion in Nigeria’s deep-water oil operations. Shane Harris, chairman and managing director of ExxonMobil Affiliates in Nigeria, spoke on...
• SME Financier of the Year (Africa) • Platinum Award for Best Financier for Women Entrepreneurs (Africa) Wema Bank, Nigeria’s foremost innovative bank and pioneer...
The Central Bank of Nigeria (CBN) has approved another sale of foreign exchange (FX) to eligible bureau de change (BDC) operators at N1,590 per dollar...
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), has called for an urgent increase in oil production and a broader economic diversification strategy...
The Central Bank of Nigeria (CBN) says N1.4 trillion will be distributed in the next three months to aid cash flow within the banking system....
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 26.75...
Vice-President Kashim Shettima says the United States Chamber of Commerce has committed $320 million towards mortgage refinancing and funding of small and medium enterprises (SMEs)...
Nigeria’s external reserves have reached a 22-month high of $37.31bn, reflecting significant foreign inflows into the country’s economy. Data from the Central Bank of Nigeria...
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, is set to launch the 4th season of its transformative...