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CBN Withdraws 46 Microfinance Banks Licenses Over Breaches In Regulatory Requirements

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CBN Withdraws 46 Microfinance Banks Licenses Over Breaches In Regulatory Requirements

The Central Bank of Nigeria has withdrawn the operating licenses of 46 microfinance banks across the country, citing their failure to meet key regulatory...

Naira Appreciates To N1,390/$ In Parallel Market

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Naira Appreciates To N1,412/$ in Parallel Market

The Naira yesterday appreciated to N1,390 per dollar in the parallel market from N1,395 per dollar on Monday. Similarly, the naira appreciated to N1,376 per...

“President Trump Profits Over $1bn From Crypto Investments In 2025″—Reports

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"President Trump Profits Over $1bn From Crypto Investments In 2025"—Reports

US President Donald Trump recorded around $1.2 billion in income from his cryptocurrency activities in 2025, according to documents released on Tuesday by the...

World Bank To Gradually Withdraw Lending China By 2031

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World Bank To Gradually Withdraw Lending China By 2031

According to the organization's new country partnership framework, the World Bank will gradually stop lending to China by 2031, a source with knowledge of...

Naira Now N1,395/$ In Parallel Market

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Naira Appreciates To N1,412/$ in Parallel Market

THE Naira yesterday depreciated to N1,395 per dollar in the parallel market from N1,386 per dollar last Friday. Similarly, the naira depreciated to N1,385 per...

Bank Deductions: How Hidden Charges Erode Nigerians’ Trust In Digital Payments

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Bank Deductions: How Hidden Charges Erode Nigerians’ Trust In Digital Payments

“I recently came to the painful realisation of how much I am losing to bank charges after reviewing my transactions linked to a contribution...

Finance Minister Oyedele Confirms Nigeria Needs More Taxpayers, Not Higher Taxes

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Finance Minister Oyedele Confirms Nigeria Needs More Taxpayers, Not Higher Taxes

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Thursday said Nigeria’s revenue challenge lies in expanding the tax net...

Dollar To Naira Exchange Rate Today, June 26, 2026

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Dollar To Naira Exchange Rate Today, July 14, 2026

The Nigerian naira remained relatively stable against the United States dollar on Friday, June 26, 2026, across both the official Nigerian Foreign Exchange Market...

Dollar To Naira Exchange Rate Today, June 25, 2026

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Dollar To Naira Exchange Rate Today, July 3, 2026

The naira traded relatively stable against the United States dollar on Thursday, June 25, 2026, across both the official and parallel foreign exchange markets...

Stakeholders Seek Domestic Investment To Curb $2.1bn Ceramic Import

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Stakeholders Seek Domestic Investment To Curb $2.1bn Ceramic Import

Stakeholders in Nigeria’s ceramic industry have called for increased investment, innovation, stronger policy support and deeper collaboration to transform the sector into a major...

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