In a recent public lecture organized by the Nigerian Economic Society, Dr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), appealed to Nigerians for patience as the apex bank works tirelessly to bolster the Naira. Speaking at the event titled ‘Recent Developments in a Nigerian Foreign Exchange Market: Issues, Options and Way … Read more
First Bank has returned 51 million Naira to Glory Omokaro, who reported that a whopping 68 million Naira was missing from her account when she returned from Italy in May 2023. TellVibes recalls that Glory had traveled to Italy back in 2005 and returned in 2013 to visit her family in Nigeria. During her visit, … Read more
Fidelity Bank Plc has been reclassified by the Nigerian Exchange Limited (NGX) from a small-price stock to a medium-price stock. According to Rule 15.29 of The Exchange’s 2015 Rulebook (Dealing Members’ Rules), stocks priced above N5 per share for at least four of the most recent six months of trading, or new securities listings priced … Read more