CBN technically devalues Naira, sets rate at ₦380 per dollar. The Central Bank of Nigeria sold naira at ₦380 per dollar to deposits money banks on Friday, the move that analysts said that may end multi-tiered exchange rate regime.

Zenith, MTN Nigeria partner on mobile insurance service. Zenith General Insurance Company Limited has partnered with Telecommunications giant – MTN Nigeria to provide the first ever mobile insurance service in Nigeria.

Equity market sinks to ₦11.505 trillion amid COVID-19 Bouts. As Nigerians are becoming apprehensive following an increase in reported cases of COVID-19, the performance of equity market today plunged as year to date losses widen.

EFG Hermes bolster earnings, expands presence in Nigeria

EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM)

NSE: Year to date losses widen to 16% as investors fortunes plunge. Whirlwind of sell-offs has persisted on the Nigerian Stock Exchange, thus widen year to date losses to 16% on Tuesday.

Headline Inflation rate jerks up to 12.20% in February. Headline inflation surged 7 basis points (bps) to 12.20% driven by year on year increases in food and core inflation, the National Bureau of Statistics has revealed.

Access Bank realised post-merger synergies, plan presence in major trade hubs

Zenith Bank excites shareholders, declare dividend payout of ₦87.9 billion. Zenith Bank Plc excites shareholders as the financial supermarket declared ₦87.9 billion dividend payout from its earnings.

Market index slides as sell-offs knocked off ₦15bn from local bourse. Market traded under fear of coronavirus as sell-offs knocked of more than N15 billion from the opening market capitalisation on Monday.

COVID-19: CBN hacks rates, creates N50bn facility to support Healthcare, Hotels, Airlines others The Central Bank of Nigeria (CBN) has…