FG Eyes Economic Transformation Through Value Addition Bill Amid Industry Pushback
As Nigeria continues its quest to industrialize and boost non-oil revenues, a new legislative proposal—the 30% Value Addition Mandate Bill—is...
Nigeria Set to Overhaul Credit Reporting Framework Amid Surge in Digital Lending and Rising Loan Defaults
Nigeria’s financial regulators are preparing to initiate sweeping reforms of the country's credit reporting system, as the Central Bank of...
Firstbank and Estars forge Innovative partnership to elevate Esports education
FirstBank, the West African premier bank and financial inclusion service provider, is proud to announce a strategic collaboration with EStars...
CSCS Launches USSD Code Service *7270#
The Central Securities Clearing System PLC (CSCS), proudly announces the launch of *7270#, its Unstructured Supplementary Service Data (USSD) code...
LCCI Sounds Alarm on Economic Headwinds, Calls for Urgent Policy Reforms
The Lagos Chamber of Commerce and Industry (LCCI), Nigeria’s premier business advocacy group, has issued a strong economic assessment for...
CBN, Stakeholders, Experts Discuss Urgency in Building Economic Resilience as Banking Recapitalization Gains Momentum
In 2024, the Central Bank of Nigeria (CBN) launched a sweeping recapitalization mandate requiring banks to raise their minimum paid-in...
Nigerian Stock Market Closes on a Bearish Note Despite Banking Sector Gains
The Nigerian stock market experienced a bearish trend last week, with sell pressures on major stocks such as OANDO (-13.1%)...
CBN Injects $197.71 Million to Boost Nigeria’s FX Market Amid Global Shocks
The Central Bank of Nigeria (CBN) has injected $197.71 million into the country’s foreign exchange market to ensure liquidity and...
Naira Edges Up 0.2% Against USD Amid FX Sales
The official exchange rate for the naira appreciated by 0.2%, reaching NGN1,536.00/USD, as foreign exchange sales by offshore players, driven...
FirstBank Denies Fraud Allegations in Dr. Agbai Eke Court Case, Affirms Commitment to Integrity
FirstBank has issued a statement refuting the recent fraud allegations raised by Dr. Agbai Eke in a court case filed...
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