Access Bank has announced that it will temporarily shut services for a system upgrade aimed at optimising its offerings to customers. This was contained in an email sent …
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The Academic staff union of universities has accused the apex bank of not executing any project in public universities since 2014 after the tenure of the now-Emir of …
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The Central Bank of Nigeria (CBN) has once again adjusted the exchange rate, this time to N1,413.62/$1, causing a stir among various stakeholders. Just a day prior, the …
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Breaking NewsBusiness News
CBN Issues New Guidelines to Banks as Naira Hits Low Record Against Dollar
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The Central Bank of Nigeria (CBN) has issued new restrictions on the amount of foreign currencies that banks can hold on their balance sheets, citing concerns about the …
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Breaking NewsBusiness News
JUST IN: Naira Hits All-Time Low as CBN Addresses Dollar Backlogs
byThe Nigerian Naira has reached an unprecedented low against the United States dollar in both official and unofficial markets. On Tuesday, naira has traded at N1,482.57 per $1 …
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The value of dollar to naira fell sharply, on Friday, with the local currency exchanging below N1000 in the parallel market. This is the first time in over …
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Yemi Cardoso is a Nigerian banker, chartered stockbroker, and public policymaker. He served as the former chairman of Citibank Nigeria.
