The Chartered Institute of Bankers of Nigeria has elected Dele Alabi as its 24th president following its Annual General Meeting held on Saturday. Speaking after […]
Category: Business
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FCMB limits exposure in fraud attempt
More than ₦3 billion was targeted, but about ₦677 million reached the culprits, with recovery and prosecutions underway, reflecting how banks are responding to more […]
Naira strengthens to N1,380.57 at official window
The naira on Friday appreciated at the official market, closing at N1,380.57 against the U.S. dollar, extending its recent gains. Data from the Central Bank […]
CBN appeals court ruling nullifying Union Bank takeover
The Central Bank of Nigeria (CBN) has appealed the judgment of the Federal High Court in Lagos which nullified its intervention in Union Bank of […]
NNPC plans $60bn investment to triple Nigeria’s gas reserves to 600 TCF
The Nigerian National Petroleum Company Limited (NNPC) has unveiled plan to expand the country’s gas reserves from 210 trillion cubic feet (tcf) to 600 tcf, […]
MoneyMaster rewards customers with data, airtime, upgrades banking app
Leading payment service bank, MoneyMaster Payment Service Bank (MMPSB), has raised the bar of its mobile banking app to improve the order flow for […]
JUST IN: CBN Limits Transfers on New Banking Apps to N20,000 in First 24 Hours
The Central Bank of Nigeria (CBN) has issued new guidelines for mobile financial services, placing a limit on the amount customers can transfer within the […]
BUA, AD Ports, MAIR Sign MoU on Sugar, Agro-Industry and Global Logistics
BUA Group, AD Ports Group, and MAIR Group of Abu Dhabi today signed a strategic Memorandum of Understanding (MoU) to explore collaboration in sugar refining, […]
Dangote Refinery Slashes Petrol Price To N774 Per Litre
Dangote Petroleum Refinery has cut its ex-depot price of Premium Motor Spirit (PMS) by N25 per litre, reducing the gantry rate from N799 to N774 […]
Nigeria records $6.44bn capital inflow in Q4 2025 – NBS
Nigeria recorded a total capital importation of $6.44 billion in the fourth quarter of 2025, marking a 26.6 per cent increase from the $5.09 billion […]