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NDIC commences payment to depositors of 46 failed microfinance banks
The Nigeria Deposit Insurance Corporation (NDIC) says it has begun paying insured deposits to customers of the 46 microfinance…
FG revokes Nigeria Reinsurance’s licence, appoints Muiz Banire as…
The National Insurance Commission (NAICOM) has revoked the operating licence of Nigeria Reinsurance Corporation over its failure…
Dangote slashes petrol price to N1,165, diesel to N1,570
The Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (petrol) and Automotive…
Dollar to Naira exchange rate today, August 5, 2026
The naira maintained relative stability against the United States dollar at the Nigerian Foreign Exchange Market (NFEM) on…
Otedola invests over N600b in First Bank
First HoldCo Plc Chairman Femi Otedola has disclosed plans to increase his ownership in the financial services group to more than…
Customers’ information feared stolen as hackers hit Zenith Bank…
Multinational financial services institution, Zenith Bank has confirmed that hackers have hit its database stealing customers’…
Dollar to Naira exchange rate today, August 4, 2026
The naira maintained a relatively stable position against the United States dollar at the official Nigerian Foreign Exchange…
NAICOM releases list of insurance, reinsurance firms that have met…
The National Insurance Commission (NAICOM) has released insurance and reinsurance companies that have met the minimum capital…
Top 10 strongest currencies in Africa as of August 2026
Africa’s currency landscape at the beginning of August 2026 continues to show a wide gap between countries with relatively stable…
Dollar to Naira exchange rate today, August 3, 2026
The naira began the week with relative stability against the United States dollar across both the official Nigerian Foreign…