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Banks Struggle As Bad Loans Hit ₦21.2 Trillion: FX Shocks, Soaring Interest Rates, And End Of COVID Forbearance Fuel Defaults

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Banks Struggle As Bad Loans Hit ₦21.2 Trillion: FX Shocks, Soaring Interest Rates, And End Of COVID Forbearance Fuel Defaults

Nigeria’s banking sector is grappling with a surge in bad loans as rising interest rates, foreign exchange volatility, and the withdrawal of COVID-era loan...

CBN Breaks Silence, Says Old Naira Notes Remain Legal Tender Till Dec 31st

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Naira Redesign: Banks Get N52b Cash Deposits In Two Weeks

The Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, CBN spokesperson,...

ANAN Abuja Chairman, Omoniyi Felicitates With Oduwa Izekor On Investiture As ICAN Abuja, District Society Chairman

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The Chairman Association of National Accountants of Nigeria, ANAN FCT 1, Abuja, Wahab Shina Omoniyi, FCNA has congratulated Mr. Oduwa Joseph Izekor FCA on his investiture as the Institute of Chartered Accountants of Nigeria, ICAN Abuja and District S...

ANAN President, Prof. Osisioma Tasks Leaders On Sustainable Consumption

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The National President of Association of National Accountants of Nigeria (ANAN), Rev. Canon Prof. Chuka Osisioma has urged leaders across the country to imbibe...

Dollar To Naira Exchange Rate Today, February 11, 2026

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Dollar To Naira Exchange Rate Today, April 29, 2026

The Nigerian Naira maintained its positive momentum against the United States Dollar during the mid-week trading session on Wednesday, February 11, 2026. The local...

Adamawa Governor, Fintiri Raises NYSC Members’ Pay By N10,000

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The governor of Adamawa state, Ahmadu Umaru Fintiri, on Tuesday increased the monthly allowance of National Youth Service Corps (NYSC) members in the state...

Emefiele: Tinubu Orders Probe Into Activities Of CBN

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Enough Is Enough, We’re Taking Our Country Back – Tinubu

President Bola Tinubu has appointed a special investigator Jim Osayande to probe the Central Bank of Nigeria (CBN) and Related Activities. This was contained in...

Reps Probe Petrol Subsidy Under President Buhari, Allege $7 Billion Diversion

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Fuel Price Hike, Scarcity Trail Tinubu’s Subsidy Removal Announcement

The House of Representatives has set up an ad-hoc committee to investigate the petroleum products subsidy regime under President Muhammadu Buhari. The lawmakers asked the committee to carry out the probe from 2017 to 2021. This followed the adoption ...

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