JUST IN: NDIC Completes Payment of N5 Million Each to Majority of Heritage Bank Customers
The Nigeria Deposit Insurance Corporation (NDIC) has announced that it has successfully disbursed N5 million each to 82.36% of the depositors of the now-defunct Heritage Bank. This development…
FULL LIST: CBN Sells Dollar To GTB, FBN, Fidelity, 23 Others, Disqualifies Six
The Central Bank of Nigeria (CBN) has confirmed the allocation of $876.26 million in foreign exchange to 26 commercial banks at an exchange rate of ₦1,495 per dollar. The transaction,…
Naira Gains Massively Against Dollar, New Rate Revealed
The Nigerian naira experienced substantial gains against the U.S. dollar over the past week, closing the week with notable appreciation in both the official and black markets. According to…
