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CBN Blacklists Chronic Loan Defaulters, Bars Them from Banking Services

March 27, 2026

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The best places in the world to do business

by Victoria Attah

April 2, 2024

Singapore, Denmark, and the United States have emerged as the leading destinations for conducting business, according to the latest business...

UBS Completes Acquisition of Credit Suisse, Emerging as a Global Wealth Management Giant with $5 Trillion AUM.

UBS Announces $2 Billion Share Buyback Program

April 2, 2024

Swiss banking giant UBS unveiled plans for a new share repurchase program worth up to $2 billion, with a significant...

Key Takeaway from the CBN’s Newly Introduced Customer due Diligence Rules.

CBN Raises Minimum Capital Requirements for Nigerian Banks

March 29, 2024

The Central Bank of Nigeria (CBN) has announced a significant increase in the minimum capital base for commercial banks operating...

First Bank, Ecobank, 4 Others Generate N891bn from Loan to Customers in H1 of 2023

NDPC Investigates Over 400 Cases of Privacy Breaches by Loan Apps

March 28, 2024

The Nigeria Data Protection Commission (NDPC) is currently delving into more than 400 instances of privacy breaches related to digital...

Top Story: Central Bank Raises MPR by 200 Basis Points to 24.75%

In response to growing concerns over inflation and economic stability, the Monetary Policy Committee (MPC) of the Central Bank convened...

CBN Lifts Forex Ban on Importation of Milk and Dairy Products

CBN Orders BDCs to Sell Dollar at N1,269/$ as Naira Maintains Steady Appreciation

The Central Bank of Nigeria (CBN) has instructed Bureau de Change (BDC) operators to sell the dollar at a rate...

Naira Surges Against US Dollar, Falls Below N1,000 Mark

Naira Strengthens to N1,400 on Parallel Market, N1,408 on Official Window

On Tuesday, the naira experienced a further appreciation in value at the parallel segment of the foreign exchange (FX) market....

CBN Supplies $29.5 Million at FX Auction as Naira Depreciates at I&E Window.

CBN Executes FX Sale to BDCs at Rate of N1,251 per Dollar

The Central Bank of Nigeria (CBN) has announced the commencement of the second tranche of sales of foreign exchange (FX)...

Dangote Bounces Back, Gains N313.2 Billion in 24 Hours Following Stock Losses

Naira’s Surge Elevates Aliko Dangote’s Wealth to $15.3 Billion

March 25, 2024

Aliko Dangote, Africa's wealthiest individual and the president of Dangote Group, has experienced a remarkable surge in his fortune amid...

EFCC Launches Task Force to Combat Naira Mutilation and Dollarization