By OBINNA EZUGWU It’s yet another strong showing by three of Nigeria’s leading banks, United Bank for Africa (UBA), Guaranty Trust Holding Company Plc and Fidelity...
BY EMEKA EJERE There are growing concerns that unless drastic measures are urgently taken, the current unprecedented downward spiral of the Naira may lead to a...
The Central Bank of Nigeria (CBN) has said it did not direct banks to convert all customers’ domiciliary accounts into naira accounts. The apex bank in...
Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has warned that banks involved in any form of foreign exchange (FX) malpractice risk their FX operational...
Lagos State Governor Babajide Sanwo-Olu has signed into law the State VAT Bill as passed by the House of Assembly, a statement by the state’s commissioner...
The Court of Appeal sitting in Abuja, on Friday, ordered both Rivers and Lagos States to maintain status quo with respect to the the collection of...
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) on Thursday, disclosed that total assets of the banking industry hit N53.64 trillion in June 2021, up...
Auditors at PricewaterhouseCoopers (PwC) have indicated that Nigeria’s state-owned oil company, Nigerian National Petroleum Corporation (NNPC), could be teetering on the brink of bankruptcy as the...
The Nigerian naira, has hit a new low exchanging for N540 against the dollar, at the parallel market on Thursday. This is barely a week after...
