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BREAKING: CBN takes over Skye bank

The Central Bank of Nigeria, CBN, has taken over one of the nation's commercial banks, Skye Bank pending when a buyer is found. This was after it dissolved the Board of the financial institution. New Telegraph reports that the CBN took the decision as Skye

Breaking: Diamond Bank Finally Acquired By Access Bank

Access Bank Plc has finally acquired Diamond Bank Plc. According to insiders, the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria, CBN, according to TheCable. Another source said confirmed that

BREAKING: EPL Club sack manager, announce replacement

Bournemouth have sacked their manager, Scott Parker after their latest Premier League 9-0 defeat to Liverpool over the weekend. The Premier League club made the announcement in a statement on Tuesday morning via its website. Parker will be replaced in the

BREAKING! Jack Wilshere Confirms He Is Leaving Arsenal

Arsenal midfielder Jack Wilshere says he will leave the club when his contract expires at the end of June. The 26-year-old England international made his Gunners debut in 2008 and has made 197 first-team appearances. However, his future at Emirates Stadium

BREAKING: Dollar crashes massively against naira at black market

In a noteworthy development, the exchange rate for the US Dollar has experienced a significant decline against the Nigerian Naira at the black market. The current rates are reported at 1070 Naira for purchasing and 1080 Naira for selling one US Dollar. This

BREAKING: Naira hits record low against Euro in black market

The Naira has experienced a historic decline against the Euro, reaching a record low of N1960 per Euro in the parallel market. This represents a significant drop of 5.36% or N105 compared to the previous day's rate of N1,855. The unprecedented depreciation
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