Nairametrics29m
CBN bars local deposits for newly launched diaspora-focused accounts
The Central Bank of Nigeria (CBN) has prohibited local deposits into the newly launched Non-Resident Nigerian Ordinary ...
Nairametrics49m
US antitrust agencies back Elon Musk’s argument against OpenAI’s restructuring
The U.S. Department of Justice (DOJ) and Federal Trade Commission (FTC) have partially supported Elon Musk’s claims in his ...
Nairametrics53m
Expanding footprint: Nigeria’s FirstBank sets sights on Ethiopia, Angola, Cameroon
Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth ...
Nairametrics51m
Naira weakens further, closes the week at N1,544.50/$1 on official market, hits N1,647/$1 in parallel market
The naira experienced sustained pressure across foreign exchange markets this week, closing at N1,544.50/$1 on the official market and trading ...