Most valuable companies in Nigeria now worth a combined $36.1 billion

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Five of Nigeria’s most valuable companies ended the month of October with a market valuation of N14.8 trillion ($36.1 billion) up from N14.4 trillion...

CBN reduces the cost of printing banknotes by 28.8%

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The Central bank of Nigeria reduced the cost of printing banknotes in 2020 by ₦16.905 million, showing a 28.8% decline. This is a shift from...

Exchange rate depreciates as forex turnover records marginal drop

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The exchange rate between the naira and the US dollar closed at N415.1/$1, at the official Investors and Exporters window. The Naira depreciated against...

CBN disposed N698,480.00 million unfit banknotes in 2020

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The Central Bank of Nigeria has stated that it disposed of N698,480.00 million worth of unfit banknotes in 2020. This was disclosed in the recently...

eNaira: Nigerians download over 200,000 wallets in 24 hours

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Nigerians displayed massive interest in the Central Bank’s eNaira initiative downloading over 200,000 wallets in 24 hours. This is according to information from sources...

Q3 2021: UBA’s gross earnings hit N490.3 billion, reports 37% growth in profit

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Q3 2021: UBA’s gross earnings hit N490.3 billion, reports 37% growth in profit Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced impressive...

eNaira wallet is now available for download 

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eNaira wallet is now available for download After much anticipation, the Central Bank of Nigeria’s digital currency is now live and available for download, as ...

CBN says eNaira would be free for 90 days, 33 banks already on the...

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Godwin Emefiele, the Governor of the Central Bank of Nigeria has announced that 33 Nigerian banks have joined the eNaira platform, with the apex...

Mark Zuckerberg now worth $137 billion, why Facebook is set to break $400 mark

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Mark Zuckerberg, the genius behind the world’s most popular social media platform, has an estimated net worth of $137 billion. He is the youngest billionaire...

How to Calculate PAYE Tax in Nigeria

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How to Calculate PAYE Tax in Nigeria As you must have known already, the gross salary on an employee in a contract differs from the...
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