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Sahara Group Targets 350,000-Barrel Output With New Oil Rigs
Sahara Group boosts oil production plans with new rigs, targeting 350,000 barrels daily under Tope Shonubi’s push for energy growth in Africa.
October 6, 2025
Business
Payaza Repays $13.9 Million Commercial Paper
Payaza completes $13.9 million repayment under its commercial paper plan, reinforcing investor trust and showing Nigeria’s fintech market maturity.
October 6, 2025
News
CBN Bans Cash Payout for Travel Allowances
The Central Bank of Nigeria (CBN) has announced a new policy that prohibits authorized...
February 16, 2024
News
Nigeria’s Naira Plummets to All-Time Low Against Dollar
Nigeria’s currency, the naira, has fallen to a record low of 1,534.39 per dollar...
February 13, 2024
News
Senate Grills Top Brass, Economic Team
The Senate has summoned the service chiefs and the economic team to appear before...
February 7, 2024
News
Naira Plummets to Record Low, Senate Summons CBN Governor
The Nigerian currency, the naira, has hit a new low against the US dollar...
February 1, 2024
News
EFCC Probes $347bn Forex Allocation to Firms in 10 Years
The Economic and Financial Crimes Commission (EFCC) is investigating how at least $347bn was...
January 25, 2024
News
CBN Releases $61.64 Million to Settle FX Backlog for Foreign Airlines
CBN takes action by disbursing $61.64 million to foreign airlines, aiming to resolve the FX backlog and boost the Naira's value.
January 8, 2024
Business
CBN to Crack Down on Fintech Fraud With New Guidelines
The Central Bank of Nigeria (CBN) is planning to introduce corporate governance guidelines for...
December 15, 2023
News
Naira Surges as Nigeria’s Central Bank Unifies Exchange Rates
Nigeria's naira soared by more than 27 percent against the US dollar on Monday,...
December 12, 2023
News
CBN Mandates BVN, NIN Linking, Anticipates Customer Rush
CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.
December 5, 2023
News
Former CBN Governor Faces Human Rights Abuse in Nigeria, US Group Says
Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is being subjected...
December 5, 2023
News
Former CBN Governor Faces Six Fraud Charges in Court
Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), has been...
November 16, 2023
News
Nigerians Deposit More Money in Banks as CBN Boosts Lending and Devaluation Increases Dollar Value
Nigerian banks have witnessed a surge in customer deposits this year, as the Central...
November 9, 2023
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Latest articles
Business
Sahara Group Targets 350,000-Barrel Output With New Oil Rigs
Sahara Group boosts oil production plans with new rigs, targeting 350,000 barrels daily under Tope Shonubi’s push for energy growth in Africa.
October 6, 2025
Business
Payaza Repays $13.9 Million Commercial Paper
Payaza completes $13.9 million repayment under its commercial paper plan, reinforcing investor trust and showing Nigeria’s fintech market maturity.
October 6, 2025
Politics
Court Adjourns Uche Nnaji’s Suit Against UNN to November 10
Hearing stalls in Uche Nnaji certificate case as UNN fails to file a response. Court adjourns the matter to November 10.
October 6, 2025
Politics
Bauchi Women Push Lawmakers to Pass Reserve Seats Bill
Over 36,000 women in Bauchi urge the National Assembly to pass the Reserve Seats Bill to boost women’s representation in politics.
October 6, 2025