Central Bank of Nigeria (CBN) has introduced a N100 million penalty for banks and other authorised dealers that process foreign exchange transactions without adequate...
As the Central Bank of Nigeria (CBN) officially rolled out its ambitious Nigeria Payments System Vision (PSV) 2028 framework in Abuja, industry leaders are...
U.S. President Donald Trump has announced that American forces carried out a military strike that killed Héctor Rusthenford Guerrero Flores, widely known as “Niño...
Retired Major-General Abubakar Rabe, who was abducted along a road in Katsina State two weeks ago, has reportedly died while in captivity. According to...
The Securities and Exchange Commission (SEC) has approved the FCMB-TLG Private Debt Fund, Nigeria’s first Naira-denominated Private Debt Fund. Established in May 2024 and...
Senate has confirmed Emomotimi John Agama from Bayelsa State as the Director General of the Security and Exchange Commission (SEC). Three other persons were...
The face-off between Femi Otedola, billionaire businessman, and Jim Ovia, chairman of Zenith Bank, over an alleged multibillion naira fraud has taken a turn...
Federal high court sitting in Lagos has granted the federal government an order of interim forfeiture of properties valued at N11,140,000,000 linked to Godwin...
Fidelity Bank Plc has concluded all necessary arrangements to raise a total of up to ₦127,100,000,000.00 (One Hundred Twenty-Seven Billion, One Hundred Million Naira)...
Nigerian Deposit Insurance Corporation (NDIC) has assured depositors of Heritage Bank it will pay their deposits within one week. The Managing Director of NDIC,...
Following the recent revocation of the operating license of Heritage Bank Plc, the Central Bank of Nigeria (CBN) yesterday clarified that there were currently...
Wale Edun, Minister of Finance and Coordinating Minister of the Economy, says the Federal Government is offering businesses including manufacturers in the country credit...
Nigerian Deposit Insurance Corporation (NDIC) has revealed it will pay a maximum of N5 million to each depositor in Heritage Bank, following the bank’s...