EU countries on Wednesday agreed to a new round of sanctions on Russia, diplomats said, as the bloc looks to keep up pressure in the face...
By Kayode Sanni-Arewa The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to publish the list of dormant accounts, unclaimed balances and...
By Kayode Sanni-Arewa The Central Bank of Nigeria (CBN) has warned that it will deal with banks that force customers to withdraw less than N20,000 per...
By Kayode Sanni-Arewa The apex bank in Nigeria, CBN, has imposed a withdrawal charge of between N100 and N600 for every N20,000 worth of interbank ATM...
A stream outside Buenos Aires has turned crimson red raising fears among residents. Local officials suspect the presence of a toxic substance called aniline. Blood-red waters...
The Central Bank of Nigeria, CBN, has issued guidelines for the sale of foreign exchange (FX) to Bureaux De Change, BDC, operators. The modalities are outlined...
By Kayode Sanni-Arewa The Naira yesterday appreciated to N1,595 per dollar in the parallel market from N1,610 per dollar on Monday. Thus the Naira has recorded...
The Central Bank of Nigeria (CBN) has extended the timeframe for eligible bureau de change (BDC) operators to access the Nigerian Autonomous Foreign Exchange Market (NAFEM)...
FirstBank has appealed the Federal High Court judgement that lifted the order placed on the assets of General Hydrocarbons Limited, its directors, and shareholders. In a...
About 91 per cent of loans obtained from banks by companies are performing, the Central Bank of Nigeria (CBN) has said. In its latest credit conditions...
Access Bank PLC is set to host its first-ever Africa Trade Conference (ATC), a landmark event focused on advancing Africa’s economic transformation under the theme, ‘Empowering...
New data from the Central Bank of Nigeria (CBN) reveals that commercial and merchant banks borrowed N8.2 trillion from the apex bank in the first 17...
The Federal High Court in Lagos on Thursday fixed January 20, 2025, for the Economic and Financial Crimes Commission to arraign the Chairman of Honeywell Group,...
The Federal High Court sitting in Lagos has restrained commercial banks in Nigeria from releasing or dealing with all monies and assets up to $225.8 million...
Justice Emeka Nwite of the Federal High Court in Abuja has okayed the Economic and Financial Crimes Commission (EFCC)’s application to freeze 24 bank accounts domiciled...
As of November 2024, Nigeria has seen its currency in circulation hit a record high of N4.8 trillion, marking a seven per cent increase from the...
Social media commentator Martins Otse, popularly known as VeryDarkMan is facing scrutiny after claiming that ₦180 million was stolen from his NGO account in a hacking...
The World Bank has announced the removal of several loan fees to make borrowing more affordable for vulnerable countries. The move is part of broader efforts...
By Kayode Sanni-Arewa The recently concluded art exhibition Light in the Shadows: Stories of Hope, hosted at Banks Mill Studio, Derby, United Kingdom, has been hailed...
UK inflation climbed to 2.6% in November, up from 2.3% in October, according to the Office for National Statistics (ONS). The rise matches market expectations and...
