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First bank’s biggest single day trade sparks rumours of Otudeko return
Some 4.7 billion shares of First Bank of Nigeria Holdings were traded…
Otudeko’s First Bank comeback sparks fresh battle for control
The recent acquisition of FBN shares by an entity associated with Oba…
Flush with Honeywell cash, Otudeko snaps up record First Bank shares
Oba Otudeko, the chairman of Nigerian conglomerate Honeywell Group, has been identified…
Naira windfall for oil firms as CBN lifts dollar restrictions
International Oil Companies (IOCs) in Nigeria will get more naira for their…
Oil companies resume dollar sales to banks as CBN eyes supply
The Central Bank of Nigeria (CBN) has permitted International Oil Companies (IOCs)…
CBN’s unsettled FX backlog puts investors on hold
The Central Bank of Nigeria (CBN)'s gaping unsettled foreign exchange backlog owed…
CBN, NSA silent after BusinessDay exposes $616m dark dealings
The Central Bank of Nigeria (CBN) and the Office of the National…
Bank of America says naira now undervalued after float
The Nigerian naira has moved from being overvalued to undervalued following the…