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CBN appeals judgment nullifying sack of Union Bank board, management
The Central Bank of Nigeria (CBN) has filed an appeal against the judgement of the federal high court in Lagos which nullified its…
Dollar to Naira exchange rate today, March 27, 2026
The naira remained relatively stable against the United States dollar across Nigeria’s official and parallel foreign exchange…
Capital importation hit $6.44bn in Q4 2025, up by 26% — NBS
Nigeria’s total capital importation in the fourth quarter (Q4) of 2025 rose to $6.44 billion, according to data released by the…
Zenith Bank appoints new Executive Director
Zenith Bank Plc has announced the appointment of Mr. Kennedy Okwudili as an Executive Director of the bank, effective May 1, 2026.…
Court orders Meta to pay $375m for misleading users over child safety
A court in New Mexico has ordered Meta to pay $375m (£279m) for misleading users over the safety of its platforms for children.…
Banks attract N4.61tn capital boost under CBN recapitalisation drive
Nigerian banks raised a total of N4.61tn in fresh capital under the Central Bank of Nigeria’s recapitalisation programme,…
Dollar to Naira exchange rate today, March 24, 2026
The Nigerian Naira faced renewed pressure in the foreign exchange market on March 24, 2026, as heightened demand for the United…
CBN reports 28% drop in petrol import bill to $10bn in 2025
Nigeria’s petrol import bill declined to $10 billion in 2025, according to data released by the Central Bank of Nigeria (CBN).…
Dollar to Naira exchange rate today, March 23, 2026
The naira began trading on Monday at the official window at approximately ₦1,356.74 to the dollar, following a period of moderate…
“We’ve exceeded CBN’s recapitalisation threshold,”…
Providus Bank Limited has denied reports that it is yet to comply with regulatory capital requirements, confirming that it has…