Banks shut 29.4m accounts amid NIN compliance drive
Nigerian commercial banks closed 29.4 million accounts as of March 2025 in…
Nigerian stock market gains N3.4trn despite shortened trading week
The Nigerian stock market extended its bullish run as investors gained over…
NGX records N700bn turnover as foreign inflows rebound
Foreign portfolio investments showed strong signs of recovery in May 2025, rising…
Bank deposits at CBN surge 907% to N68.9trn amid excess liquidity
Nigerian banks dramatically increased their deposits with the Central Bank of Nigeria…
Naira strengthens to N1,590/$ in parallel, official market
The Nigerian naira showed signs of strengthening against the US dollar on…
FG revenue jumps 40% to N6.9trn in Q1 2025 – Edun
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun,…
GTBank announces N6.98 USSD fee deduction from customers’ airtime
Guaranty Trust Bank has announced that it will now deduct the N6.98…
SEC moves to co-create regulatory framework for stablecoins
The Director General of the Securities and Exchange Commission, Dr Emomotimi Agama,…
FG launches N50bn green bond for climate projects
The Debt Management Office has announced a N50 billion Green Bond issuance…
Nigeria records N5.17trn trade surplus in Q1 2025
Nigeria achieved a N5.17 trillion trade surplus in the first quarter of…
FIRS introduces unified tax procedures to standardize operations nationwide
The Federal Inland Revenue Service has launched a new Standard Operating Procedure…
SEC bans 12-year unclaimed dividend write-offs by firms
The Securities and Exchange Commission has directed all public companies and registrars…
Naira weakens further, exchanges at N1,620/$ in parallel market
The Nigerian Naira continued its downward trend on Tuesday, depreciating to N1,620…
FG to raise N300bn through bond auction May 26
The Federal Government, acting through the Debt Management Office, has unveiled plans…
ICYMI: NNPCL didn’t fully remit 2024 fuel subsidy gains – W’Bank
The World Bank has raised concerns over Nigeria’s fiscal transparency, revealing that…