The 194-year old department store, Lord & Taylor recently filed for bankruptcy. Before the emergence of the coronavirus pandemic, the department store was struggling financially until the pandemi...
The Central Bank of Nigeria (CBN) announced it has started selling $10,000 to Bureau De Change (BDC) operators, offering them direct access to US dollars at a discounted rate of N1,021 per dollar.This...
Zenith Bank PLC in its 2020 audited financial statements declares a final dividend of 2.70k per share bringing the total dividend paid for 2020FY to N3 per shares, the highest dividend ever paid by th...
Godwin Emfiele, the governor of the central bank, said that the eNaira currency impacts commercial banks, especially when customers transfer funds to their eNaira wallets from their bank accounts....
To enhance Nigeria's payment system, the Central Bank of Nigeria (CBN), Nigeria Inter-Bank Settlement Systems (NIBSS) Plc, and Bankers' Committee have jointly announced a new national card scheme....
In an official address at the Eagle Square in Abuja, President Bola Tinubu announced his administration's plans to undertake a comprehensive house cleaning of Nigeria's monetary policy. This move aims...
Since the suspension of the previous CBN Governor, Godwin Emefiele, he has been probed over some illegalities concerning money laundering. Still, the recent investigation report shows that Emefi...
Investors at the Nigerian Stock Exchange closed yesterday with a positive move. The market recovered from the previous trading day when market capitalisation was down by N107 billion due to investors'...
On Monday, data from the FMDQ securities exchange revealed that the naira's value at the official foreign exchange market declined to N1,234 against the US dollar.According to the exchange rate, the n...
More Nigerian companies have released dividends for the year 2021. You can check out previous companies here In the finance and banking sector, Access Bank is set to pay its investors N0.55,...