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100% failure rate: FRC declares loans to 11 state governments as unlawful

The Federal Government through the Fiscal Responsibility Commission (FRC) on Saturday declared…

4 Min Read

Ghana exchange rate stabilises on IMF’s $1,200m support

Ghana's economy is improving and its exchange rate has stabilised following financial…

4 Min Read

Access Africa, Thunes move to improve cross-border payments in Africa

In an effort to streamline and simplify cross-border transfers and payments across…

3 Min Read

Exchange rate widens to 60% in June says World Bank

The premium between the parallel foreign (FX) exchange rate and the official…

4 Min Read

Naira loses 1.48% in official market, firms on black market

Naira on Wednesday fell by 1.48 percent despite increased dollar liquidity at…

2 Min Read

World Bank warns CBN against direct lending intervention, FX control

The World Bank on Wednesday advised the Central Banks of Nigeria, Ethiopia,…

3 Min Read

Access Bank secures $60m facility from UK investment institute

British International Investment (BII), the UK's Development Finance Institution (DFI) and impact…

4 Min Read

Naira firms at official market despite low liquidity

Naira appreciated at the official foreign exchange (FX) market on Tuesday, gaining…

3 Min Read
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