Nigeria’s naira fell the most in more than 1 1/2 years as the central bank held its last currency auction before tightened controls of the sales are implemented, boosting demand for dollars. The currency of Africa’s biggest crude producer retreated 1.1 percent to 161.55 naira per dollar by 5:11 p.m. […]
World News
Finally Cashless Policy Takes off in Abuja, Others
Residents of Abuja, Kano and the four other states where the Central Bank of Nigeria (CBN) recently included in the cashless policy, that wish to withdraw or lodge cash above the prescribed limits will have to pay the associated penal fees from today. The other states are Rivers, Ogun, Abia […]
Onwuka Resigns as Enterprise Bank Chairman
The Chairman of Enterprise Bank Limited, Mr. Emeka Onwuka has resigned from the bank. THISDAY learnt that Onwuka’s resignation was prompted by his interest in one of the group of investors that plan to acquire one of the three banks owned by the Asset Management Corporation of Nigeria (AMCON). Enterprise, […]
