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Zenith Bank Plc has announced a significant leadership transition with the retirement of its founder and Group Chairman, Jim Ovia,...
The Central Bank of Nigeria has confirmed that sweeping new regulations governing the Bank Verification Number framework will take effect from May 1st, 2026, introducing strict...
Nigeria’s tax authority, the Federal Inland Revenue Service (FIRS), has reportedly shut down the Lagos and Abuja offices of fintech company OPay over alleged breaches of...
The Nigerian foreign exchange market opened on Wednesday, March 11, 2026, with the naira trading within a narrow range across official and parallel markets. Market analysts...
The naira ended the second week in a significant depreciation against the dollar in official and parallel foreign exchange markets. On Friday, the Central Bank of...
President Bola Ahmed Tinubu has nominated Mr Taiwo Oyedele as the minister of state for finance, replacing Dr Doris Uzoka-Anite. Uzoka-Anite will now move to the...
The Central Bank of Nigeria has approved the merger between Unity Bank Plc and Providus Bank Limited, clearing the way for the two banks to begin...
Akpo Ojo The Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market (NFEM)...
The profit of First Bank Holdings has crashed by 92% due to a massive N748 billion provision for bad loans. The Group Chairman of First Bank...
By Akpo Ojo The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to financial sector reforms and long-term...