Fitch Ratings warns Nigeria against establishing FX gateway bank, says it may affect banks’ liquidity

Fitch Ratings, a global credit rating agency, has cautioned the Nigerian Federal government over the proposed…

London stocks soar as inflation data softens

UK shares opened higher on Wednesday, thanks to softer-than-expected domestic inflation data, which has raised hopes…

Uber, Lyft, DoorDash drivers to strike on Valentine’s Day for fair pay

On Valentine’s Day, thousands of drivers working for ride-sharing platforms Uber, Lyft, and food delivery app…

London Financial Job Opportunities Fell By About 40% In 2023, Says Recruiter

According to the London Employment Monitor by recruiter Morgan McKinley, job opportunities in London’s financial sector…

At the official window, the naira continues to climb against the US dollar, trading at N856.57/$1

On December 8th, 2024, the Nigerian Naira continued its recent trend of gaining value against the…

Good news for importers as CBN extends timeline for issuance of letters of credit processing

The Central Bank of Nigeria (CBN) has extended the timeline for the issuance of letters of…