Flutterwave has announced that it has obtained a banking licence from the Central Bank of Nigeria (CBN), clearing the way for the company to operate as...
The federal government has increased the price of natural gas supplied to power generation companies to $2.18 per million British thermal units (MMBTU). The Nigerian Midstream...
The Central Bank of Nigeria (CBN) has moved to calm public concerns, assuring Nigerians that Union Bank Plc remains stable and fully operational. In a statement...
In a landmark decision, a federal high court in Lagos has declared that the Central Bank of Nigeria (CBN) exceeded its authority when it removed the...
Signature Bank has announced the appointment of Mr. Alex Alozie as its new Deputy Managing Director. Alozie is a seasoned banking executive with more than 20...
The Central Bank of Nigeria (CBN) has directed all international money transfer operators (IMTOs) to open naira settlement accounts and ensure that all remittance transactions are...
Zenith Bank Plc has announced the appointment of Kennedy Okwudili as an Executive Director, with effect from May 1, 2026. The bank disclosed this in a...
The Central Bank of Nigeria (CBN) has been named Central Bank of the Year by Central Banking magazine, following reforms that helped restore stability to Nigeria’s...
The Dangote Refinery has announced an increase in the gantry price of Premium Motor Spirit (PMS), raising it from ₦1,175 to ₦1,245 per litre, a ₦70...
The naira recorded a slight appreciation on Tuesday, strengthening to N1,403 per dollar in the parallel market, up from N1,408 per dollar on Monday. In the...