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Peter Obi, Kwankwaso backers form joint movement ahead of ADC primaries

Backers of Peter Obi and Rabiu Kwankwaso have launched the Obi-Kwankwaso Movement in Abuja, establishing structures across all 36 states ahead of ADC primaries.
News

Boko Haram issues 72-hour ultimatum, demands N5bn for 416 abducted women and children in Borno

Boko Haram has set a 72-hour deadline for the government to pay N5bn for 416 women and children abducted from Ngoshe in Borno State.
Business

CBN Cuts Interest Rate to 26.5% as Inflation Eases

KEY POINTS The CBN reduced its benchmark interest rate from 27% to 26.5%, signaling...
News

SERAP Drags CBN to Court Over Alleged Missing ₦3 Trillion in Public Funds

KEY POINTS SERAP has sued the CBN, alleging it failed to account for about...
Business

Standard Chartered Meets CBN N200bn Capital Rule Ahead of March 2026 Deadline

KEY POINTS Standard Chartered Bank Nigeria met the CBN N200bn capital requirement in November...
Business

Insecurity and Power Shortages Continue to Challenge Nigerian Businesses — CBN

KEY POINTS Insecurity and erratic power supply remain the top operational constraints for Nigerian...
News

Reps Launch Probe Into Excessive Bank Charges

Nigeria’s House of Representatives has ordered an investigation into arbitrary deductions by commercial banks and directed the CBN to publish a clear list of approved charges.
News

Emefiele’s $4.5bn Fraud Trial Delayed Over Phone Evidence Dispute

Emefiele’s $4.5bn fraud trial stalled again after EFCC and defence clashed over phone forensic test procedures in Lagos court.
Business

The Untold Impact of Digital Currency Adoption on Nigeria’s Informal Economy

KEY POINTS Digital currency adoption is transforming Nigeria’s informal economy, bringing both benefits such...
News

Two Sentenced in Lagos for Spraying Naira Notes at Social Event

KEY POINTS Two social media personalities, TDollar and TobiNation, were sentenced to six months...
Business

House of Representatives Calls for Suspension of CBN’s ATM Charges

KEY POINTS The House of Representatives has urged the CBN to suspend its planned...
News

Diaspora Remittances Surge 79 Percent To $4.18billion– Cardoso

CBN reports diaspora remittances up 79 Percent to $4.18bn in 9M’24.
News

Cardoso Calls for Skilled Graduates to Strengthen Finance Sector

CBN Governor Olayemi Cardoso stresses the need for more skilled finance graduates to drive Nigeria’s economic growth, calling for enhanced collaboration with academic institutions.
News

CBN to Reveal Owners of Dormant Accounts Annually

The CBN will publish the names of dormant account owners annually to enhance transparency and manage unclaimed balances effectively.
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Peter Obi, Kwankwaso backers form joint movement ahead of ADC primaries

Backers of Peter Obi and Rabiu Kwankwaso have launched the Obi-Kwankwaso Movement in Abuja, establishing structures across all 36 states ahead of ADC primaries.
News

Boko Haram issues 72-hour ultimatum, demands N5bn for 416 abducted women and children in Borno

Boko Haram has set a 72-hour deadline for the government to pay N5bn for 416 women and children abducted from Ngoshe in Borno State.
News

SEREC warns Nigeria could lose cargo to Benin, Togo ports

SEREC has warned that persistent port inefficiencies could push as much as 25 percent of Nigeria-bound cargo to Benin and Togo within two years.
Business

BOI, RMRDC sign MoU to boost Nigeria agric value chain

Bank of Industry and RMRDC have signed a memorandum of understanding to add value to Nigerian raw materials and keep more wealth inside the economy.