The Central Bank of Nigeria (CBN) has introduced new provisions to the revised regulatory framework governing the Bank Verification Number (BVN) operations and...
The Central Bank of Nigeria (CBN) has directed financial institutions across the country to restrict banking services for borrowers carrying large non-performing loans....
Nigeria has formally signed the host country agreement for the fifth edition of the Intra-African Trade Fair “IATF 2027”, positioning Lagos to host...
The Dangote Petroleum Refinery has adjusted its Premium Motor Spirit (PMS) gantry price upward to N995 per litre, marking a significant N221 increase...
After an illustrious eleven-year run, MultiChoice has announced the imminent sunset of its premier streaming service, Showmax. The decision, broadcast to a vast...
Petrol prices at the Dangote Refinery have jumped to N875 per litre, a significant N101 increase from the previous N774 rate. This move,...
Nigeria’s energy landscape is shifting as the Dangote Petroleum Refinery prepares to supply 60 to 65 million litres of petrol (PMS) daily—enough to...
Nigeria’s apex bank has lowered its benchmark Monetary Policy Rate by half a percentage point, bringing it down from 27 per cent to...
Nigeria’s Central Bank has warned that the rapid expansion of private digital payments and stablecoins could destabilize foreign exchange markets and trigger significant...
Billionaire industrialist Abdulsamad Rabiu saw his net worth surge to an estimated $12.3 billion by February 18, 2026, driven by a wave of...
United Bank for Africa (UBA) Chairman Tony Elumelu has declared that Nigeria’s foreign exchange challenges are now a thing of the past. Speaking...
Africa’s Global Bank, United Bank for Africa (UBA), has announced the appointment of Loknath Mishra as Chief Executive Officer of UBA UK. The...
Backed by a successful capital raise, First HoldCo Plc finished 2025 with a stronger balance sheet and better asset quality. The company’s unaudited...
Femi Otedola, group chairman of First HoldCo Plc, has increased his stake in the financial holding company to 18.12%. This move solidifies his...
The Tony Elumelu Foundation (TEF) has opened applications for the 2026 TEF Entrepreneurship Program, calling ambitious young founders from all 54 African countries...
The operating licences of Aso Savings and Loans Plc and the Union Homes Savings and Loans Plc have been revoked, according to the...
