The Central Bank of Nigeria has adopted the Nafex rate as the government’s official exchange rate for the naira, effectively devaluing the currency by 7.6 per...
Five of the major banks in the country, also known as Tier-1 banks, have posted whopping N683bn non-performing loans in the 2020 financial year, findings...
The Central Bank of Nigeria, CBN, has sacked all First Bank of Nigeria (FBN) directors and appointed new ones with immediate effect. The apex bank...
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