Money
New exchange rates as naira records first gain in November against US dollar
The Nigerian currency's value has improved against the United States dollar in official and unofficial foreign exchange markets on first trading day of November.
Nigerian bank increases transfer fee from November 1, advises customers
Ecobank Nigeria has decided to increase international transfer fees starting November 1, including a SWIFT charge and revised fees for intra-African transactions.
Energy expert calls out petrol pricing calculation fraud in Nigeria
An expert has defended Dangote in its dispute with marketers and the Nigerian National Petroleum Company Limited, describing petrol pricing as fraudulent.
CBN advises Nigerians to save more, releases Access, Zenith, UBA, 23 other banks' interest rates
The Central Bank of Nigeria (CBN) has called on Nigerians to save more and has listed various benefits, including financial security and economic growth.
N1,631.17: Again, naira depreciates against US dollar, CBN gives pound, euro new exchange rates
The value of the naira has once again depreciated against the United States dollar, pound and the euro in the official and unofficial foreign exchange markets.
PalmPay recognized as most outstanding fintech at BrandCom Awards 2024
PalmPay, a fintech platform was awarded the Most Outstanding Fintech Driving Financial Inclusion at the prestigious BrandCom Awards 2024, held on October 26th.
More headache for CBN as naira becomes 3rd worst performing currency in the world
The Nigerian currency, the naira, has got a new position in the list of worst-performing currencies in the world as the value continue to depreciate in FX market.
Finally, Access Bank gets approval to buy another bank for $100m, increase number of branches
Access Bank is now closer to completing the acquisition of the National Bank of Kenya, which will further increase its number of customers and branches.
After Nigerian bank lost N10 billion, EFCC arrests four hackers, releases their names
The Economic and Financial Crimes Commission has released the names of four suspected fraudsters who specialised in attacking the cybersecurity systems of banks.
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