SERAP Urges Investigation into ₦5.9 Billion NNPC Rebranding Expenditure
The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to order an investigation into the alleged...
Dollar Inflows Surge to $4.37 Billion as Nigeria’s FX Market Gains Momentum
Nigeria’s foreign exchange market received a strong boost in February as dollar inflows surged to $4.37 billion, driven by fresh...
NUPRC Enforces ‘Drill or Drop’ Rule to End Oil Block Hoarding
The Nigerian Upstream Petroleum Regulatory Commission(NUPRC) has declared an end to the long-standing practice of oil companies holding exploration licences...
Banks, Telcos Urged to Unite Against Rising AI-Driven Fraud Threat : PWC
A new report by PricewaterhouseCoopers has called on banks and telecommunications companies to strengthen collaboration and share intelligence to combat...
Cash Outside Banks Drops by N197bn as Money Supply Declines in January
Cash held outside Nigeria’s banking system declined by N197.68bn in January 2026, even as overall liquidity in the economy weakened,...
CBN Introduces New Regulations to Strengthen Digital Banking Security and Fraud Control
The Central Bank of Nigeria (CBN) has unveiled new regulations aimed at boosting fraud control and digital banking security across...
NUPRC Declares “Drill or Drop” Era for Oil Licences, Launches 2025 Licensing Round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the era of oil companies holding exploration licences for years...
FCT Residents Raise Alarm Over Rising Transport Fares Amid Petrol Price Surge
Residents of the Federal Capital Territory (FCT) have expressed concern over rising transport fares following the recent increase in the...
FCMB Raises N500 Billion, Meets CBN’s International Banking Capital Requirement
FCMB Group Plc has successfully raised N500 billion, enabling its banking subsidiary to meet the Central Bank of Nigeria’s (CBN)...
CBN Bars Banks from Granting Credit to Large Borrowers with Non-Performing Loans
The Central Bank of Nigeria (CBN) has directed banks to deny certain banking services and additional credit facilities to large...
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