By Sodiq Adelakun The Central Bank of Nigeria (CBN) has issued new directives to International Oil Companies (IOCs) operating within the country, aimed at regulating the...
By Matthew Denis, Abuja Nigeria has experienced a surge in its inflation rate, reaching 29.90 percent, up from the previous month’s 28.92 percent, indicating a 0.98...
By Sodiq Adelakun In a continued economic downturn, the Nigerian naira has taken a significant hit, plunging below the N1,600 mark against the US dollar on...
Fidelity Bank Plc has announced its Board of Directors’ decision to extend the employment contract of its GMD/CEO, Nneka Onyeali-Ikpe, from 2024 to 2026. The decision...
By Sodiq Adelakun In a remarkable turn of events, Nigeria’s mining and quarrying sector has seen an unprecedented surge in bank loans in the third quarter...
The Debt Management Office (DMO) is opening an offer to sell a total of N2.5 trillion FGN bonds to members of the public this month. The...
In a move that will impact importers nationwide, the Central Bank of Nigeria (CBN) has once again adjusted the exchange rate used for calculating Customs duties....
In a proactive move to safeguard the stability of the Nigerian banking sector, the Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN)...
In a robust move to ensure ethical practices within Nigeria’s digital lending space, the Money Lenders Association (MLA) has endorsed the Federal Competition and Consumer Protection...
By Sodiq Adelakun In a significant financial development, Nigeria’s banking sector has witnessed a substantial increase in the number of active bank accounts, according to the...