How I Lost N200 Billion”: Femi Otedola Reflects on His Biggest Financial Setback
In a rare moment of vulnerability, billionaire businessman Femi Otedola has shared the story of how he lost nearly N200...
Foreign Investors Pull N576 Billion from Nigerian Stocks in H1 2025
Foreign investors withdrew N576.09 billion from Nigerian equities in the first half of 2025, an 84.97% surge from N311.41 billion...
U.S. to Reinstate $15,000 Visa Bond for Travelers from High-Risk Nations
The United States is set to relaunch a visa bond program requiring travelers from countries with high visa overstay rates...
NGX All-Share Index Edges Up 0.18% Amid Cautious Trading
The Nigerian Exchange Limited (NGX) began the week with a modest uptick, as the All-Share Index (ASI) rose by 241.11...
Eight Nigerian Banks Set Aside N156 Billion for Loan Losses in Q1 2025
Eight Nigerian banks collectively recorded N156 billion in impairment charges for credit and financial assets in the first quarter of...
Nigeria Opens July 2025 FGN Savings Bonds with Up to 16.762% Interest Rates
The Debt Management Office (DMO) of Nigeria has rolled out its Federal Government of Nigeria (FGN) savings bonds for July...
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Nigeria’s Exchange Rate Gap Narrows as CBN Boosts FX Inflows to $6 Billion Monthly
The Central Bank of Nigeria (CBN) has significantly narrowed the exchange rate gap between the official and parallel markets, with...
Naira Nears N1,500/$ Barrier as Banking Reforms and IMF Support Bolster Currency
The Nigerian naira is on the verge of breaking below the critical N1,500/$ resistance level in the official market, trading...
NDPC Imposes N766.2 Million Fine on MultiChoice Nigeria for Data Protection Violations
The Nigeria Data Protection Commission (NDPC) has fined MultiChoice Nigeria N766.2 million for breaching the Nigeria Data Protection Act (NDP...
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JPMorgan Deposits ₦50 Billion with CBN in Bid for Merchant Banking Licence
World Bank Ties $500 Million Loan to Nigeria’s Reform Progress
JP Morgan and Absa Eye Nigerian Merchant Banking Licences as Reserves Reach $55 Billion
Nigeria Air Force Investment Limited launches 2000 hectare farm in Benue
CBN’s Anchor Borrowers’ Loan repayment now stands at 52.39%.
