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Adaora Umeoji’s Zenith shares now worth $21 million

Zenith Bank CEO Adaora Umeoji holds 285,096,933 shares in the lender worth N29.28 billion ($20.91 million) at current market prices, making her one of Nigeria's wealthiest serving bank chiefs by disclosed equity.
News

ADC crisis deepens as third faction backs INEC, names interim chairman

A third faction of the African Democratic Congress emerged in Abuja, naming an interim chairman and backing INEC's move against the David Mark-led group.
News

CBN Cuts Duty FX Rate Again as Naira Exceeds N1500/$

CBN cuts import duty exchange rate to N1,446.281/$, marking the eighth adjustment this month amid ongoing naira fluctuations.
Business

Naira Gains Strength as Foreign Reserves Grow**

The Nigerian currency, the naira, has appreciated against the US dollar in the parallel...
News

Nigeria’s Naira Plummets to All-Time Low Against Dollar

Nigeria’s currency, the naira, has fallen to a record low of 1,534.39 per dollar...
News

Naira Surges as Nigeria’s Central Bank Unifies Exchange Rates

Nigeria's naira soared by more than 27 percent against the US dollar on Monday,...
News

Nigeria’s Foreign Reserves Drop to Lowest Level in Six Years

Nigeria, Africa’s largest economy, is facing a severe foreign exchange crisis as its external...
News

Nigeria Hikes Import Duty Rates Amid Economic Crisis

Nigeria, Africa’s largest economy, is facing a severe economic crisis as the government struggles...
Business

JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria

JP Morgan, a renowned global financial services company, has made a prediction that the...
News

Naira Plummets to Record Low as Dollar Supply Shrinks Markets

The naira, Nigeria’s currency, has fallen to its lowest level against the US dollar...
News

Naira Plummets as Nigeria’s Forex Reserves Hit 18-Month Low

The Nigerian naira has continued to lose value against the US dollar, as the...
Business

How Nigerian Airlines Beat High Costs by Increasing Flight Seats

Nigerian airlines have adopted a new strategy to cope with the high operating costs...
News

Naira plunges to record low of N980 against dollar amid forex crisis

The Nigerian naira has hit a historic low against the US dollar, driven by...

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Adaora Umeoji’s Zenith shares now worth $21 million

Zenith Bank CEO Adaora Umeoji holds 285,096,933 shares in the lender worth N29.28 billion ($20.91 million) at current market prices, making her one of Nigeria's wealthiest serving bank chiefs by disclosed equity.
News

ADC crisis deepens as third faction backs INEC, names interim chairman

A third faction of the African Democratic Congress emerged in Abuja, naming an interim chairman and backing INEC's move against the David Mark-led group.
News

Dismissed soldier Soja Boi shows pay receipts, dares Nigerian Army to release payroll

Dismissed soldier Rotimi Olamilekan, known as Soja Boi, released bank transaction receipts Tuesday backing his claims about soldiers' low pay and missing gear.
News

Death toll in Plateau’s Palm Sunday attack climbs to 33 as protest halts mass burial

The death toll from Plateau State's Palm Sunday attack rose to 33 as furious residents blocked a mass burial and demanded accountability from authorities.