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CBN grants operating licences to 82 BDCs
The Central Bank of Nigeria (CBN) has granted licences to 82 bureau de change (BDCs) to operate under its revised guidelines from…
Naira holds steady against US Dollar both official, parallel markets
The Naira remained stable against the US Dollar on Monday across both the official Nigerian Foreign Exchange Market (NFEM) and the…
‘Everybody has Rolls-Royce, private jet,’ Dangote tackles…
President of the Dangote Group, Aliko Dangote has criticised wealthy Nigerians who prioritise Rolls-Royce vehicles and private…
Nigeria’s foreign reserves now $46.7bn — highest in nearly seven…
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso on Thursday informed the senate committee on banking, insurance and…
How scammers hacked my account using Opay, Moniepoint – Oshimhole
Senator representing Edo north, Adams Oshiomhole has urged the national assembly to tighten oversight of financial institutions…
Nigeria recorded $10bn trade surplus with EU in 2025 – Envoy
The European Union (EU) Envoy to Nigeria and the Economic Community of West African States (ECOWAS), Gautier Mignot has stated…
CBN revises cash withdrawal policy ahead of 2026 implementation
The Central Bank of Nigeria (CBN) has introduced new cash withdrawal regulations set to take effect in January 2026.
According…
Africa loses $5bn annually to cross-border payment inefficiencies –…
President and Chairman of the Council of the Chartered Institute of Bankers of Nigeria (CIBN), Prof Pius Olanrewaju has said…
Fuel price drops 11.18% in one year – NBS
The National Bureau of Statistics has revealed that the average pump price of petrol dropped from ₦1,184.83 per litre in October…
Nigeria records stronger GDP growth, 3.98% expansion in Q3 2025
Nigeria’s economy expanded by 3.98 percent (year-on-year) in real terms during Q3 2025, according to data released on Monday by…