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Latest news on business in Nigeria - Page 17

Nigeria's Q2 Foreign Capital Drops 9.04%, Lagos Leads

Nigeria’s Q2 Foreign Capital Drops 9.04%, Lagos Leads

In the second quarter of 2023, Nigeria experienced a notable downturn in foreign capital importation, marking a 9.04% decrease when compared to the preceding quarter (the first three months of 2023). These findings were revealed in the latest foreign capital report published
October 6, 2023
Naira Falls To ₦1,530/$ At Official Market After Public Holiday  

Naira Depreciates To N756/$ In I&E Window

In a dynamic twist of events, the Nigerian naira faced a rollercoaster ride in the financial markets on Wednesday. The currency, which had exchanged for N745.19 to a dollar just a day before, saw a significant dip of 1.48 percent, settling at
October 5, 2023
Ecobank Fined N3.2m, PZ Cussons Slammed With N4.8m Amid Clampdown

Ecobank Warns Customers About SIM Swap Fraud Threat

In a bid to shield its customers from cyber theft, Ecobank has warned about the grave risk associated with SIM swap fraud. In a recent email communication to customers, the bank explained the insidious nature of SIM swap fraud, where criminals exploit
October 2, 2023
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