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…

Naira slumps to N814.60/$1 against the dollar at official market 

On Monday, November 27, 2023, the Nigerian naira took a hit against the US dollar, closing…

Nigeria Banks Seek Fresh Investors As The CBN Boasts Of N10tn

The Central Bank of Nigeria’s proposal to initiate a new banking sector consolidation is raising concerns…

Stocks retain their November lead, while OPEC worries hurt oil prices

World shares are on track for their best month since the COVID vaccine breakthroughs of late…

Naira Scarcity Worsens As Banks Limit Withdrawals, ATMs Run Dry

Naira scarcity is becoming more severe throughout the country as banks have limited cash withdrawals, according…

Gang says ICBC paid ransom over hack that disrupted US Treasury market

Electric vehicle sales are continuing to gain momentum globally, with China recording record monthly sales in…

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