Naira gains marginally as FX market resumes trading
Nigeria's foreign exchange (FX) market resumed trading on Tuesday after the holiday, with naira gaining marginally (0.05) against the dollar at the official market.
After trading on…
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NDIC begins verification of insured depositors of Peak Merchant Bank
The Nigeria Deposit Insurance corporation (NDIC) has commenced verification of insured depositors of Peak Merchant Bank in-liquidation towards payment of their insured sums.
This is in…
How CashToken revolutionised businesses, transformed lives in 5yrs
In the last five years, CashToken Rewards Africa Limited has deployed a unique system that has redefined consumer reward, with the end goal being to enhance the businesses of manufacturers…
Silicon Valley Bank collapse, lessons for Nigerian regulators – NDIC
The collapse of Silicon Valley Bank, Signature Bank and Credit Suisse provides valuable lessons for regulators/ supervisors and bank executives in Nigeria and around the world, according to…
Naira weakens against dollar despite improved liquidity
Naira on Thursday weakened against the dollar across foreign exchange markets despite improved liquidity.
After trading on Thursday, naira lost 0.25 percent as the dollar was quoted at…