World Bank Approves $500 Million Loan to Boost Nigeria’s Agricultural Productivity and Food Security
The World Bank has approved a $500 million International Development Association (IDA) credit to support Nigeria’s agriculture sector through a...
US Cuts Nigerian Crude Imports by Nearly 50% in January 2026
The United States sharply reduced its imports of Nigerian crude oil in January 2026, with volumes dropping by 47.16% month-on-month,...
CBN Blacklists Chronic Loan Defaulters, Bars Them from Banking Services
The Central Bank of Nigeria (CBN) has imposed strict restrictions on banking services for “chronic defaulters” and large-ticket obligors with...
32 Banks Meet CBN Recapitalisation Targets Ahead of Deadline – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that 32 banks have already satisfied the...
Federal High Court Nullifies CBN’s Dissolution of Union Bank Board, Orders Immediate Reinstatement
A Federal High Court in Lagos has nullified the Central Bank of Nigeria’s (CBN) decision to dissolve the board and...
CBN Lowers Yields on Two Tenors at March 25 Treasury Bills Auction Amid Liquidity Glut
The Central Bank of Nigeria (CBN) reduced interest rates on two key maturities at its Treasury Bills auction held on...
NGX Market Cap Drops Below N129 Trillion as Profit-Taking Weighs on Banking Stocks
The Nigerian Exchange Limited (NGX) reversed its recent upward momentum on Wednesday, March 25, 2026, as sustained profit-taking in major...
CBN Directs International Money Transfer Operators to Open Naira Settlement Accounts with Local Banks
The Central Bank of Nigeria (CBN) has issued a new directive requiring all International Money Transfer Operators (IMTOs) operating in...
Central Banks Ramp Up Gold Purchases as Geopolitical Risks Fuel De-Dollarisation Drive
Central banks worldwide are stepping up their gold-buying activities at a notable pace, with emerging market giants China and India...
Global Inflation Outlook Dims as Energy Shock Tests Disinflation Progress
Global inflation has entered a more volatile and structurally complex phase, with the rapid disinflation observed in late 2024 now...
Popular Story
CBN Directs Banks and Fintechs to Complete Cybersecurity Self-Assessment Within 21 Days
FG to Sanction Elon Musk’s Starlink Over Regulatory Breach
Bitcoin Surges Past $35,000 Amid Growing Enthusiasm for ETFs
LinkedIn Layoffs 700 Employees as Revenue Growth Slows
Nigerian Banking Stocks Maintain Positive Momentum Despite N139bn Market Dip
