5 Richest Forex traders in Nigeria
Forex trading has become one of the most popular methods of gaining wealth in Nigeria, which is populated with a dynamic and educated youth, a burgeoning middle class, and access
Read MoreCategory: Business
Naira recovers, as dollar rate falls amid complaints from MTN, others
The Naira closed the official market with a 0.11 per cent increase in value, as the Dollar rate settled at N462.25 kobo/$1 on Tuesday. At the end of trading the
Read More
Dollar gains against Naira amid decline in foreign reserves
Trading in the foreign exchange official market closed with the Dollar rate hitting N462.78/$1 on Monday, as the value of the Naira depreciated by –0.11 per cent Data from the FMDQ Exchange
Read More
FAAN reopens Abuja airport runway after aircraft crash-lands
Hadi Sirika, Nigeria’s Aviation Minister, says the Nnamdi Azikiwe Airport has been reopened for operations hours after an aircraft belonging to Max Air crash-landed on Sunday afternoon. The minister disclosed
Read More
Petro Union Cheque is a Forgery,” British Crime Detective informs court
The Economic and Financial Crimes Commission (EFCC) has closed its case in a £2.6 billion alleged fraud charge slammed on an oil firm, Petro Union Oil and Gas Limited, a
Read More
NGX: Access Corp, UBA lead trading as market cap rises by N95bn
The equity capitalization in the Nigerian capital market rose to N28.56 trillion at the close of trading on Friday. The figure represents 0.33 percent or N95.05 billion growth over the
Read More
N’Central govs hold talk on poverty, unemployment
Governors from the six states in the North Central region of the country, on Thursday, commenced a conference on human capital development to proffer a lasting solution to poverty and
Read More
Access Bank secures approval to acquire Angola based financial institution
Access Holdings Plc says its flagship subsidiary, Access Bank Plc, has received regulatory approval from the Central Bank of Angola for the acquisition of majority equity stake in Finibanco Angola
Read More
CBN imposes N218m fine on Sterling Bank for breaching regulatory rules
The Central Bank of Nigeria (CBN) has fined Sterling Bank N218 million for breaching nine regulatory provisions. This was revealed in the company’s annual financial statement for the period of
Read More
Nigerian govt approves N20bn for fire trucks, facility upgrade at Lagos seaports
The Federal Executive Council (FEC) on Wednesday approved the sum of N20.4bn for the procurement of five firefighting trucks and the upgrade of facilities at two Lagos seaports. The Minister
Read More
