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CBN Tightens Oversight on Fintechs with New Ultimate Beneficial Ownership Directive
The Central Bank of Nigeria (CBN) has introduced a significant regulatory requirement for fintech companies and other financial institutions, mandating...
Naira Weakens to N1,361.5/$ as FX Market Turnover Drops Sharply
The Naira came under mild pressure in the official foreign exchange market on Wednesday, closing at N1,361.5 per US dollar,...
Nigeria’s Current Account Surplus Jumps 256% to $4.98 Billion in Q1 2026
Nigeria posted a significantly stronger external position in the first quarter of 2026, with the current account recording a surplus...
Naira Strengthens to N1,356 per Dollar in Official Market, Best Level Since April
The Nigerian naira appreciated against the US dollar on Monday, closing at N1,356 per dollar at the official foreign exchange...
Tin Can and Apapa Ports Rank Among World’s Top 20 Most Improved Container Ports
Nigeria’s Tin Can Island Port and Apapa Port Complex (Lagos Port) have earned global recognition for significant operational improvements, ranking...
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