Banks Resume Naira Card Payments for Foreign School Fees

Nigerian banks have restarted the processing of international tuition fee payments using Naira accounts through the…

CBN Keeps Key Interest Rate Steady at 27.5% Amid Inflation Concerns

In a closely watched decision, the Central Bank of Nigeria (CBN) has once again left the…

Naira Gains Value Across Official, Parallel Markets Amid Upward Momentum

Gladness Gideon The naira recorded a modest appreciation against the U.S. dollar on Monday, both in…

Naira Strengthens Slightly Against Dollar at Official Window, Gains N5 on Black Market

Nigeria’s currency, the naira, recorded a marginal gain against the US dollar at the official exchange…

CBN Clarifies NRBVN Charges for Diaspora Nigerians, Debunks Hidden Fees Claim

The Central Bank of Nigeria (CBN) has dismissed circulating reports alleging hidden or excessive fees tied…

FDI Nosedives: Nigeria Loses 19% Investment in Q1 2025 – CBN

Foreign investments into Nigeria dropped in the first quarter of 2025, according to a new Balance…

Zenith Bank to Exit CBN Forbearance Regime by June 30

Gladness Gideon Zenith Bank Plc has announced its readiness to fully exit the regulatory forbearance arrangements…

Appeal Court Cancels Emefiele’s Asset Forfeiture, Orders Retrial

The Court of Appeal in Lagos has overturned the final forfeiture of assets belonging to former…

753 Unit Housing Estate: Abuja Court Grants Emefiele ₦2bn Bail

Justice Halilu Yusuf of the Federal Capital Territory High Court on Monday, June 16, granted bail…

CBN Denies Deadline Extension for BDC Recapitalisation Programme

Gladness Gideon The Central Bank of Nigeria (CBN) has refuted claims suggesting an extension of the…