Miri Strategic Emerging Markets Fund LP has reduced its stake in the Nigerian Exchange Group (NGX Group), where it holds a substantial stake. The substantial investor sold off 1.48 million
Read MoreNigerian currency, the Naira depreciated against the US Dollar across the foreign exchange markets on Tuesday. Data obtained from FMDQ securies showed that at the official I&E segment of the
Read MoreDeposit money banks across the country have started issuing the old N500 and N1,000 notes to customers at their various automated teller machines (ATMs) terminals and over the counter. The
Read MoreSome Nigerian banks have commenced paying the old 1,000 and 500 naira notes to customers following the Supreme Court judgment, which extended their validity to December 31. The court in
Read MoreThe Nigerian National Petroleum Company Ltd (NNPCL) has petitioned the Economic and Financial Crimes Commission (EFCC) to probe EROTON Exploration and Production Company Ltd owned by billionaire, Onajite Okoloko over
Read MoreFollowing the Supreme Court judgment, which extended the validity of the Central Bank of Nigeria (CBN) currency redesign policy to December, some deposit money banks… Following the Supreme Court judgment,
Read MoreStakeholders in the financial sector and banks are divided over re-issuance of the old naira notes following the Supreme Court judgement extending their legal tender status till December 31st 2023.
Read MoreThe stock market resumes trading this week, with a focus on Wema Bank, Seplat and Zenith Bank on the exchange floor of the Nigerian Exchange Limited (NGX). Ripples Nigeria stocks
Read MoreThe value of Nigeria’s currency, naira depreciated against the US dollar following the judgment of the Supreme Court extending the use of old naira notes until the end of the
Read MoreThe World Bank has disbursed at least $12bn, almost half of which was to Africa, to help beneficiary counties cope with food shortage. In a new report titled “Food Security Update
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