NNPC Ltd Posts N5.4 Trillion Profit After Tax in 2024, Driven by Forex Gains
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a profit after tax of N5.4 trillion for the 2024...
CBN Moves to Crack Down on Serial Dud Cheque Issuers with Renewable Five-Year Bans
The Central Bank of Nigeria (CBN) has unveiled tough new measures aimed at curbing the persistent misuse of cheques, including...
Lagos State Raises Record N244.82 Billion in Oversubscribed Bonds
Lagos State has cemented its position as Nigeria’s most creditworthy subnational issuer after successfully raising a historic N244.82 billion through...
Naira Weakens to N1,456.72/$ in Official Market as Dollar Demand Outpaces Supply
The naira ended the week on a softer note, depreciating by nearly 1% against the U.S. dollar in the official...
CBN Borrows N17.6 Trillion, Repays N14.7 Trillion Through Treasury Auctions
The Central Bank of Nigeria (CBN) raised a total of N17.59 trillion through fresh issuances of Treasury bills and federal...
Banks Report Rising Defaults on Secured Loans Despite Easier Credit Access – CBN
A new Central Bank of Nigeria (CBN) survey has revealed an unexpected trend in the third quarter of 2025: banks...
CBN Declares Zuldal Microfinance Bank Unlicensed, Urges Public to Steer Clear
The Central Bank of Nigeria (CBN) has officially declared Zuldal Microfinance Bank Limited an illegal entity, stating that it has...
NGX Takes a Breather After Record-Breaking Run: N7 Trillion Wiped Off in November
After one of the most explosive rallies in its history, the Nigerian equities market has finally hit a speed bump....
Naira Edges Higher to N1,447.43/$1 at NAFEM Amid Rising Reserves
The Nigerian naira posted a modest appreciation of 0.04 per cent against the US dollar in the official Nigerian Autonomous...
Nigeria’s Pension Assets Hit Record N26.09tn, Driven by Heavy Bet on FGN Securities
Nigeria’s Contributory Pension Scheme has recorded its strongest annual growth in years, with total assets under management jumping 22% to...
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FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.
Naira Slips to N1,420 per Dollar in Parallel Market as Official Rate Edges Higher
Nigeria’s Foreign Reserves Hit $51.86 Billion, Highest in 17 Years
CBN Raises N1.19 Trillion at July 15 Treasury Bills Auction
31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows
