BUSINESS
CBN Imposes N1.35bn Fine On 9 Banks Over ATM Cash Dispensing Failures
Nine banks were fined N1.35 billion by the Central Bank of Nigeria (CBN) yesterday for not allowing Naira notes to be used at automated...
Bitcoin Dips To $80K Amid Trump Policy Debate
The cryptocurrency market has seen a significant decline, with its total value dropping by 7% to around $2.77 trillion. Leading digital assets, including Bitcoin, Ethereum,...
Nigeria’s $632M Loan Request Set For Approval By World Bank Today
Amid growing concerns over Nigeria's increasing debt profile, the World Bank is scheduled to approve new loans totaling $632 million to the country today...
Bitcoin Surge To $84.9K Amid Tariff Exemptions
On Saturday, Bitcoin (BTC) rose 1.5% to $84,900 in an effort to halt a three-month decline following the Trump administration's decision to exempt important...
Nine Local Banks Generate ₦14tn In Loan Interest Amid Interest Rate Hikes
In 2024, nine Nigerian banks earned a total of N14.26 trillion in interest revenue, according to an examination of the financial institutions' audited financial...
FIRS Prioritises Employee Safety Amid Growing Digitalisation , AI Integration
ABUJA – The Federal Inland Revenue Service (FIRS) has reaffirmed its commitment to employee safety, health, and overall well-being in the face of the...
New York Times Faces $15 Billion Trump Lawsuit Over Alleged Smears
US President Donald Trump announced Monday that he has filed a $15 billion defamation and libel lawsuit against The New York Times. In a post...
Sanwo-Olu Presents ₦4.24 Trillion ‘Budget Of Shared Prosperity’ For 2026, Lagos Assembly Pledges Thorough Scrutiny
Lagos State Governor, Babajide Sanwo-Olu, on Tuesday presented a proposed ₦4.237 trillion budget for the 2026 fiscal year to the Lagos State House of...
CBN Removes Bank Cash Deposit Limit For Customers
The Central Bank of Nigeria has removed all cash-deposit limits for bank customers while maintaining strict weekly withdrawal ceilings under a revised set of...
Witness: How Emefiele Withdrew $6.23m From CBN With Forged Documents
The 11th prosecution witness (PW11), Bashirudden Muhammed Maishanu, yesterday told the Federal Capital Territory High Court in Abuja how $6.23 million was allegedly withdrawn...
