CBN retains interest rate at 27.50%
Omeiza Bilal The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has retained the interest rate at 27.50...
Banking & Finance
NDIC seeks solicitors cooperation in debt recovery, assets realization
Orisemeke Benjamin The Nigeria Deposit Insurance Corporation NDIC has urged its external solicitors to continue their diligent efforts in assisting...
AfDB: New report highlights Africa’s strengthening economic growth amid global challenges
Africa’s economic performance is showing signs of improvement but remains vulnerable to global shocks, according to the 2025 Macroeconomic Performance...
CBN orders banks to publish dormant accounts, unclaimed balances
The Central Bank of Nigeria (CBN) has issued a directive mandating all banks and other financial institutions to publicly disclose...
Nigeria to amend digital asset rules to tax cryptocurrency transactions
Agency Report Nigeria is set to amend digital asset regulations to introduce taxes on cryptocurrency transactions to boost revenue. The...
Supreme Court quashes garnishee order against CBN
…Says Police, SARS, not MDAs The Supreme Court of Nigeria has set aside a garnishee order against the Central Bank...
UBA Group champions peace in Africa with landmark $500,000 donation to AU Peace Fund
Omeiza Bilal Africa’s Global Bank, United Bank for Africa (UBA) Plc demonstrated its commitment to fostering peace and stability across...
Equity market sheds N73bn on first day of trading
The domestic equity market on Monday opened on a bearish note declining by N73 billion as bears dominated trading activities...
AFC, China EXIM strengthen partnership to drive trade, infrastructure growth across Africa
Orisemeke Benjamin Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, has signed a Memorandum of Understanding (MoU) with the...
CBN to penalize banks restraining customers withdrawal bellow N20,000
The Central Bank of Nigeria (CBN) has cautioned that it will sanction any bank that prevents customers with sufficient funds from...
