Business

BREAKING: CBN Approves Merger Of Two Banks In Nigeria

The Central Bank of Nigeria (CBN) announced on Tuesday its approval of a significant financial accommodation to facilitate the proposed merger between Unity Bank...

Naira Depreciates In Parallel Market, No Longer N1,590 Per Dollar

The Naira depreciated to N1,600 per dollar in the parallel market yesterday, down from N1,590 over the weekend. Conversely, the Naira appreciated to N1,607.15 per...

BREAKING: Court Delivers Ruling On Sale Of Nigeria Air To Ethiopian Airlines

The Federal High Court in Lagos has declared the sale of Nigeria Air Ltd to Ethiopian Airlines null and void. In his judgment on Monday,...

Amid Ongoing Protests, Naira Appreciates Against Dollar

Yessterday, the Naira strengthened to N1,580 per dollar in the parallel market, up from N1,595 per dollar on Wednesday. Similarly, the Naira appreciated to N1,570...

Naira Appreciates In Parallel Market, No Longer N1,610 Per Dollar

Yesterday, the Naira appreciated to N1,580 per dollar in the parallel market, up from N1,610 per dollar last Friday. However, it depreciated to N1,611.4 per...

TotalEnergies Exits Country’s Gas Fields Over Economic Challenges

French energy giant TotalEnergies announced on Monday that it is withdrawing from two offshore gas fields in South Africa due to their lack of...
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