Business
Bank directors with bad insider loans must step down — CBN
The CBN further directed banks to comply with Section 19 of the Banking and Other Financial Institutions Act 2020 by...
CBN: New ATM Withdrawal Policy to Benefit Banks and Customers
The Central Bank of Nigeria's new ATM policy, effective March 1, 2025, charges N100 for withdrawals from other banks' ATMs...
Naira Strengthens Against Dollar at Black Market, No Official Update from CBN
The Naira gained N5 against the dollar in the parallel market, trading at N1,565/$1, while the official rate remains unchanged...
Keystone Bank Continues Operations Despite Forfeiture Order
Keystone Bank continued operations normally despite a court ruling ordering the forfeiture of its assets to the federal government The...
Honda and Nissan scrap merger talks
The two carmakers aimed to cut costs by sharing the growing financial burden of developing EVs and software to better...
Naira Hits Highest Level in 2025, Nears N1,500/$ in Black Market
The Nigerian naira has reached its strongest level this year in the unofficial market, quoted at N1,520/$ amid CBN reforms...
Nigeria Received $52bn from Afreximbank in 10 Years – Oramah
Nigeria has received $52 billion from Afreximbank in the last decade, making it the highest recipient of intervention funds The...
Customs Suspends 4% Levy on Imports
The Nigeria Customs Service suspended the 4% Free-on-Board levy on imports after public outcry from manufacturers and stakeholders Assistant Comptroller...
Dangote Refinery slashes diesel price
The price reduction for diesel is coming days after the company announced a slash in the price of premium motor...
We’ll start operating at full capacity in 30 days – Dangote Refinery
The refinery's goal is to compete with European refiners when operating at full capacity but had been struggling to secure...
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