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Oil prices drop below $80pb as OPEC, others end meeting

The prices of oil, yesterday, dropped below $80 per barrel in the global market as the Organisation of Petroleum Exporting Countries, OPEC, International Energy...

Chinese Yuan weakens against dollar

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 33 pips to 6.9240 against the dollar on Friday, according to...

Distress looms in Polaris Bank over non payment of salaries, mass suspension of staff

All appears not to be going well in Polaris Bank as fear of imminent distress has reportedly enveloped the financial institution, sparking disquiet among...

NEPZA licences Delta state as special economic zone, targets $22billion investment

Nigeria Export Processing Zones Authority (NEPZA) has licensed Delta State as a special economic zone. Delta State governor Ifeanyi Okowa who spoke at the presentation...

Development bank disburses N631 billion to MSMEs, others

The Development Bank of Nigeria (DBN) has disbursed over N631 billion to over 313,000 micro, small and medium-scale enterprises (MSMEs) as of December 2022. The...

Access Bank, others introduce changes on deposit in savings accounts

Nigerian banks have introduced a new interest rate on savings accounts. In an email to its customers, Access Bank said it is increasing the...

Black Market Dollar to Naira Exchange Rate 23rd April, 2023

Today’s Dollar to Naira Black Market Rate The Central Bank of Nigeria (CBN) has told people who want to buy or sell foreign currency to...

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