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First Bank Gets Approval to Sell Forex to BDCs

First Bank of Nigeria Limited says it has received the approval of the Central Bank of Nigeria to commence the sale of foreign exchange to licenced Bureau De Change operators. The lender, in a statement said it had strengthened its money transfer services in compliance...

Ecobank Nigeria Fires 1,040 Workers

The gale of job losses being witnessed in the country due to the current economic hardship has caught up with Ecobank Nigeria, which has sacked over 1,040 of its employees. The PUNCH reported on Tuesday that Diamond Bank Plc sacked over 200 members of its...