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Asaba flood sweeps undergraduate from her father’s car into canal, body found two days later

A university undergraduate was swept into a canal by floodwater in Asaba, Delta State, while traveling with her father, and her body was found two days later.
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Enugu flood kills two brothers, aged 7 and 8, and swallows 14 villages as residents blame abandoned Ivo Dam

Flooding in Enugu State's Aninri Local Government Area has killed two young brothers and submerged 14 villages in Mpu and Okpanku after 48 hours of rain.
News

CBN Grants National Licenses to Major Fintech Players

The Central Bank of Nigeria has upgraded major fintechs to national licenses, formalising nationwide operations and imposing higher capital and compliance standards.
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CBN’s Global Investor Push Boosts Nigeria’s Economic Confidence

Nigeria’s CBN promotes reforms, policy stability, and market transparency to global investors, driving Eurobond demand and renewed confidence in the economy.
Business

CBN Lifts Limits, Raises Weekly Withdrawal Threshold

The Central Bank of Nigeria has overhauled its cash-handling rules, lifting deposit limits and increasing weekly withdrawal thresholds to N500,000 for individuals and N5 million for corporates.
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CBN Injects $1.25 Billion to Support Fuel Imports

The Central Bank of Nigeria disbursed $1.25 billion to petroleum marketers in the first quarter of 2025 to stabilise fuel import and supply
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Afe Babalola Warns Nigeria’s Debt Crisis Hurts Investor Confidence

Afe Babalola warns Nigeria’s debt crisis is hurting investor confidence and calls for fiscal discipline, leadership reform, and stronger economic management.
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Dollar To Naira Rate Steadies Amid Market Pressure

The dollar to naira exchange rate steadied on October 15, 2025, with official and parallel market rates showing minimal movement.
Business

Nigerian Banks’ Deposits with CBN Soar Dramatically High

The CBN's deposits from Nigerian banks grew by over 800% year over year in 2025. This shows that the money market was tighter and there was too much cash.
News

CBN Reports N38.8 Billion Profit, Reversing Heavy 2023 Loss

CBN rebounds from N1.15 trillion loss to report N38.8 billion profit in 2024
Business

Businessman Sentenced, Wristwatch Forfeited For Refusing Naira

Uzondu Chimaobi sentenced to four years in prison for refusing to accept Naira as payment, violating Nigerian law on legal tender.
News

Nigeria Records $6.83 Billion Payments Surplus in 2024

Nigeria records a $6.83 billion payments surplus in 2024, marking the first surplus in three years. Key reforms and trade performance contributed to the success.
News

Kenya’s President Ruto Nominates Interior Minister as New Deputy President

Zenith Bank has named Abiodun Durosinmi as its new CFO, following the Central Bank of Nigeria's approval of the appointment
Business

Nigeria’s Inflation Slows for the First Time in 19 Months

Nigeria’s inflation rate slows after 19 months of increase, offering brief relief but ongoing economic challenges remain.
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Asaba flood sweeps undergraduate from her father’s car into canal, body found two days later

A university undergraduate was swept into a canal by floodwater in Asaba, Delta State, while traveling with her father, and her body was found two days later.
News

Enugu flood kills two brothers, aged 7 and 8, and swallows 14 villages as residents blame abandoned Ivo Dam

Flooding in Enugu State's Aninri Local Government Area has killed two young brothers and submerged 14 villages in Mpu and Okpanku after 48 hours of rain.
News

Ebonyi PDP candidate Ifeanyi Odii vows to end child hawking and “house help culture” with 39,000-place skills plan

Ebonyi PDP governorship candidate Ifeanyi Odii has pledged to end child hawking and domestic child labor through skills centers in all 13 local government areas.
News

Makinde calls Wike a liar over N50 billion Ibadan airport claim: “Oyo funded it 100%”

Oyo Gov. Seyi Makinde has accused FCT Minister Nyesom Wike of lying about N50 billion federal funding for the Ibadan airport, saying Oyo paid in full.