
UBA Group Expands Global Footprint with New Operations in France
UBA Group Chairman Tony Elumelu signs a landmark agreement in Paris, advancing the bank’s operations in France
UBA Group Chairman Tony Elumelu signs a landmark agreement in Paris, advancing the bank’s operations in France
CBN has unveiled new guidelines for interbank forex trading through the Electronic Foreign Exchange Matching System (EFEMS)
Naira records gains at official market, slides at black market as Monetary Policy Committee (MPC) raise interest rate slightly.
Naira weakens to N1750/$ at the black market amid dollar demand pressure, while official markets see a slight recovery to N678.6/$
Nigeria’s external debt reached $42.9bn in Q2 2024, rising +2% QoQ and reflecting the naira’s 13% depreciation.
NBS is set to release Nigeria’s October inflation data, with projections indicating a rise to 33.29% as Exchange rate fluctuations continues
Amid rising demand and limited supply, Nigeria’s naira hits new lows in the black market as importers scramble for dollars
Kuda has obtained a Payment Service Provider (PSP) licence in Tanzania, enabling affordable cross-border payments
Nigeria’s stock market sees a 204% rise in foreign investments in Q2 2024, reaching $150 million.
The Naira experiences a rebound after an extended depreciation, offering hope for economic stability in Nigeria.