Business

UBA partners with Mastercard to offer special debit card for 75th anniversaryUBA partners with Mastercard to offer special debit card for 75th anniversary

UBA partners with Mastercard to offer special debit card for 75th anniversary

United Bank for Africa (UBA) Plc, in partnership with Mastercard, has launched a special debit card to mark UBA’s 75th…

5 months ago
CBN policies drive 170% rise in foreign portfolio investmentCBN policies drive 170% rise in foreign portfolio investment

CBN policies drive 170% rise in foreign portfolio investment

The Central Bank of Nigeria's (CBN) high interest rate policies and foreign exchange strategy have significantly attracted Foreign Portfolio Investors…

5 months ago
Naira may drop to N1,993 per Dollar by 2028 – FitchNaira may drop to N1,993 per Dollar by 2028 – Fitch

Naira may drop to N1,993 per Dollar by 2028 – Fitch

Fitch Solutions, a financial intelligence provider, has forecasted that the Naira could depreciate to N1,993 per US dollar by 2028.…

5 months ago
NDIC begins auction of Heritage Bank properties, chattelsNDIC begins auction of Heritage Bank properties, chattels

NDIC begins auction of Heritage Bank properties, chattels

The Nigeria Deposit Insurance Corporation (NDIC) has initiated the auction process for the landed properties and chattels of Heritage Bank,…

5 months ago
Bitcoin hits $80,000 for first time as Trump’s win sparks crypto optimismBitcoin hits $80,000 for first time as Trump’s win sparks crypto optimism

Bitcoin hits $80,000 for first time as Trump’s win sparks crypto optimism

Bitcoin is nearing the $80,000 mark for the first time, fueled by President-elect Donald Trump's positive stance on digital assets…

5 months ago
Naira crashes by N10.3 against Dollar, closes at N1,681/$ on Official MarketNaira crashes by N10.3 against Dollar, closes at N1,681/$ on Official Market

Naira crashes by N10.3 against Dollar, closes at N1,681/$ on Official Market

The naira depreciated by N10.3 against the U.S. dollar at the official window on Wednesday. According to data from the…

5 months ago
Dollar surges, Bitcoin hits record as Trump wins US electionDollar surges, Bitcoin hits record as Trump wins US election

Dollar surges, Bitcoin hits record as Trump wins US election

The dollar surged, and bitcoin hit a record high Wednesday as traders reacted to Donald Trump's projected wins in two…

5 months ago
Black Market Dollar to Naira Exchange Rate Today 5th November 2024Black Market Dollar to Naira Exchange Rate Today 5th November 2024

Black Market Dollar to Naira Exchange Rate Today 5th November 2024

The black market dollar to naira exchange rate for today, 5th November 2024, can be accessed below. Stay updated with…

5 months ago
Black Market Dollar to Naira Exchange Rate Today 4th November 2024Black Market Dollar to Naira Exchange Rate Today 4th November 2024

Black Market Dollar to Naira Exchange Rate Today 4th November 2024

The black market dollar to naira exchange rate for today, 4th November 2024, can be accessed below. Stay updated with…

5 months ago
Naira depreciation spurs 32.56% investment rise, jobs plunge 37.83%Naira depreciation spurs 32.56% investment rise, jobs plunge 37.83%

Naira depreciation spurs 32.56% investment rise, jobs plunge 37.83%

The depreciation of the naira under President Bola Tinubu's administration in 2023 has resulted in mixed outcomes for the manufacturing…

5 months ago