Finance | Insurance | Pension
US Dollar Inflows to Nigeria’s FX Market Climbs by 53%
As foreign investors’ confidence continue to rise, the volume of US dollar inflows into Nigeria saw a significant boost in...
Heirs Holdings Names Chidi Okpala Executive Director
Heirs Holdings has announced a further strategic leadership appointment, with Chidi Okpala becoming Executive Director – Payments, Group Integration &...
Heirs Insurance Group Announces Low-cost Motor Insurance Plans
Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has announced the launch of its low-cost insurance product—Flexi Comprehensive Motor Insurance, which...
Benue State Accuses Dangote Cement of Breach of Trust, Says BIPC Own 10% Equity
The Benue Investment and Property Company Limited (BIPC), an investment arm of the Benue State Government has accused Dangote Cement...
Naira Gains Over N130 to the Dollar in 3 Months
The Nigerian Naira continued to gain value as it closed January 2025 at N1,610/$1, gaining over N130/$1 since October 2024...
Respite for BDCs as CBN Extends Deadline for Temporary FX Sales
The Central Bank of Nigeria (CBN) has extended the Foreign Exchange (FX) sale period to Bureau de Change (BDC) operators...
Naira Gains as the CBN FX Code Boosts Market Confidence
The naira appreciated against the US dollar in the foreign exchange market as market watchers attributed the gains to the...
E-payment transactions in Nigeria hit all-time high of N1.07 quadrillion in 2024
Electronic payment transactions in Nigeria rose to N1.07 quadrillion in 2024, reaching an all-time high and the first time to...
CBN to Launch Foreign Exchange Code To Promote Transparency
By Chris Agabi The Central Bank of Nigeria (CBN) has announced plans to officially launch the Nigerian Foreign Exchange (FX)...
CBN Unveils Strategy To Tackle Naira Commoditisation
The Central Bank of Nigeria (CBN) Governor, Dr. Olayemi Cardoso, has unveiled a comprehensive strategy to tackle the ongoing commoditization...
