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Afrexim signs $1bn loans with Dangote
The African Export Import (AFREXIM) Bank has signed a $1billion memorandum of understanding (MoU) with the Dangote Group of Companies at...

Agusto upgrades Access Bank’s rating to Aa-
In its recent rating review of Access Bank Plc, foremost rating agency in Nigeria, Agusto & Co, has raised the Bank’s rating from “A+” to...

Soludo reveals how Nigeria can overtake France, UK economically
Former Governor of the Central Bank of Nigeria, CBN Professor Chukwuma Soludo, says Nigeria’s economy can be ahead of France and the...

Naira gains against dollar at parallel market
The Naira on Thursday appreciated against the dollar at the parallel market. The Nigerian currency rebounded barely 24 hours after the...

Access Bank rewards Family Fortune promo winners
Access Bank Plc has rewarded 60 customers in its ongoing Family Fortune promo. The winners were selected through a transparent raffle...

Eid-el-Fitr: Naira stabilises at Bureau de Change segment
The naira at the weekend maintained its stability in the foreign exchange market at an average of N365 per dollar $1 in the Bureau de...

Naira remains stable this week at parallel market
The Naira on Thursday remained stable at N364 per dollar in the parallel market. There was no significant increase or decrease in the...

Etisalat Nigeria taken over by Access Bank, others
One of Nigeria’s telecommunication companies, Etisalat has now been taken over by ten major Nigerian lenders. The lenders include, Zenith...

Naira remains firm against Dollar, Pounds
The Nigerian Naira on Monday began the new week on an impressive note at the parallel market, maintaining its strengthened rate of N367...

Naira hold tightly to dollar at parallel market
Naira on Thursday retained its strength against the dollar, closing at N364 per dollar. The local currently has been having a good show...

What will happen to Nigeria’s economy in third quarter – CBN
The Director of Banking Supervision, Central Bank of Nigeria (CBN), Ahmed Abdullahi on Thursday said that the economy would record...

Naira: Nigeria’s external reserves at 3-month low, now $30.22 billion
Nigeria’s external reserved has dropped to $30.22 billion, despite consistent interventions to bolster the Naira at the foreign market....

Naira maintains grip, closes at 364 per dollar
The naira closed flat at 364 per United States dollar on Wednesday, the same rate it closed on Monday and Tuesday. This is despite a...

Naira appreciates by N2 in the parallel exchange market
In response to increased dollar supply, the Naira has appreciated from N366 to N364 per dollar in the parallel exchange market. The Naira...

UBA’s debut $500m Eurobond oversubscribed 240 percent by global investors
United Bank for Africa Plc (UBA) successfully raised USD500 million, though a debut Eurobond, which was 240% over-subscribed. The...

WorldRemit launches with Android Pay to offer mobile-to-mobile transfers
WorldRemit, the leading digital money transfer service has added Android Pay to its service, offering a new way for WorldRemit’s Android...

Naira soars in parallel market, gains further against dollar
Naira continued its impressive form against the dollar at the weekend as it exchanged at N365 to the greenback. The local currency had...

Zenith Bank unveils redesigned website
In keeping with the technological advancements of the changing times in which we live, businesses have to continually reinvent themselves...

CBN opens Forex window for airlines, oil marketers
The Central Bank of Nigeria (CBN) has announced a special market intervention for airline operators, oil marketers, and agricultural...
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