Friday, June 26, 2026
Nigerian banks lose N472m to fraud activities in Q1 2023, says FITC
By Cynthia Ezekwe. The Financial Institutions Training Centre (FITC), in its recent report on fraud and forgeries in the Nigerian...
Read moreDetailsCapital importation into Nigeria falls 28% to $1.57bn in Q1 2023
Nigeria’s total capital importation declined 28 per cent to $1.13 billion in the first quarter (Q1) of 2023 compared to...
Read moreDetailsElumelu joins King Charles, President Biden in London as world leaders discuss climate finance
Tony O. Elumelu, chairman of Heirs Holdings, will join King Charles III of the United Kingdom and U.S. President Joe...
Read moreDetailsNew ECOWAS chairman,Tinubu seeks private sector-led economic growth in sub-region
President Bola Tinubu, the newly appointed chairman of the Economic Community of West African States (ECOWAS) has called for improved...
Read moreDetailsEconomy faces fiscally hawkish, monetary tightening second half, say analysts
Eye on Tinubu’s incoming finance Czarâ€, ‬CBN chief Analysts say they now stand in wait to see who the...
Read moreDetailsNigeria’s fintech investments drop 93% in Q1 2023
Fintech investments in Nigeria declined year-on-year by 93 per cent to $5 million in the first quarter of 2023 compared...
Read moreDetailsCBN limits single contactless payments to N15,000
By Business A.M. The Central Bank of Nigeria (CBN) has released new guidelines for contactless payments in Nigeria which limits...
Read moreDetailsNigeria to save N3.9trn in 2023 from subsidy removal, FX unification, says World Bank
By Cynthia Ezekwe The World Bank has projected that Nigeria will save N3.9 trillion in 2023 following the fuel subsidy...
Read moreDetailsFG imposes N1,000 annual fee on all vehicle owners in Nigeria
By Business A.M. Nigerian Vehicle owners will from July 2023, pay an annual fee of N1,000 to get a Proof...
Read moreDetailsFX unification positive step to economic stability, says DeloitteÂ
By Onome Amuge The unification of the foreign exchange rate by the Central Bank of Nigeria (CBN) has been described...
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