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Naira Rebounds to N1,363.5/$ on Friday After Early-Week Slide, Boosted by Improved FX Supply
The Nigerian naira staged a notable recovery in the official foreign exchange market last week, closing at N1,363.5 per US...
CBN Limits Mobile Banking Apps to One Device in New Security Push for Instant Payments
The Central Bank of Nigeria (CBN) has introduced a major security enhancement for digital banking, restricting mobile banking applications to...
Dangote Refinery’s Dominance Sparks Monopoly Concerns in Nigeria’s N14.4tn Petrol Market
Energy experts, economists, and industry stakeholders are sounding the alarm over the Federal Government's suspension of petrol import licences, which...
CBN Mandates AI-Powered AML Systems for Banks and Fintechs in Landmark Guidelines
Nigeria's Central Bank (CBN) has taken a historic step by formally incorporating artificial intelligence and machine learning into its anti-money...
NGX Dips as Profit-Taking Wipes Out N107bn in Market Value
The Nigerian Exchange (NGX) extended its cautious tone on Wednesday, with the All-Share Index (ASI) slipping 0.09% to close at...
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