Latest Finance News
Naira Trades Around N1,377 to Dollar Officially as CBN Battles Dual Rates and Inflation Pressure
The naira traded at about N1,377.2 per US dollar on the official…
CBN Tightens BVN Rules From May 1 With Sweeping Changes for Account Holders
The Central Bank of Nigeria (CBN) is set to roll out a…
FOREIGN EXCHANGE RATES IN NIGERIA AS AT APRIL 7, 2026
The Nigerian Naira maintained a relatively stable position against the United States…
FIRS SHUTS DOWN OPAY OFFICES IN LAGOS AND ABUJA OVER TAX VIOLATIONS
Nigeria’s tax authority, the Federal Inland Revenue Service (FIRS), has reportedly sealed…
PRESIDENT TINUBU NOMINATES TAIWO OYEDELE AS MINISTER OF STATE FOR FINANCE, UZOKA-ANITE MOVES TO BUDGET AND NATIONAL PLANNING
President Bola Ahmed Tinubu has nominated Mr. Taiwo Oyedele as the new…
EUROPEAN TECH GIANT LOSES $6.2M INTERNATIONAL ARBITRATION AGAINST NIGERIA
Abuja – In another victory by the administration of President Bola Ahmed…
CBN APPROVES UNITY BANK AND PROVIDUS BANK MERGER
Abuja – The Central Bank of Nigeria has approved the merger between…
FIRST BANK’S PROFIT CRASHES 92% DUE TO N748BN BAD LOANS
First Bank's profit has crashed by 92% due to a one-time charge…
WORLD BANK APPROVES $500 MILLION TO EXPAND FINANCE FOR SMALL BUSINESSES IN NIGERIA
WASHINGTON - The World Bank has approved a $500 million financing package…
CBN CONFIRMS 82 BDCs FULLY LICENSED UNDER REVISED GUIDELINES
The Central Bank of Nigeria (CBN) announced on December 8, 2025 that it has…
