Scramble for Oando ‘payout’ as firm announces delisting
Energy firm Oando Plc says it will cease to be a public company by delisting from the Nigeria Exchange Limited and the Johannesburg Stock...
Nigeria’s central bank raises interest rate on price pressure
The Central Bank of Nigeria raised its benchmark lending rate by 50 basis points to 18% on Tuesday, extending a tightening policy that began last...
Banks BTA cut reveals Nigeria’s forex trouble as reserves hit 17-month low
Major Nigerian banks have announced cuts in personal travel allowance and business travel allowance payments to people travelling outside the country.
First Bank, Access Bank...
Nigerian banks cut forex payments to foreign travellers
Major Nigerian banks announced new amounts they will be paying as personal travel allowance and business travel allowance to people travelling outside the country,...