Monday, August 24, 2026
10 Nigerian banks name customers buying FX with fake visas, documents
Nigerian banks are now acting in line with the name-and-shame directive of the Nigerian Central Bank as they have taken...
Read moreDetailsUnited Airlines explains: ‘Why we prefer Washington-Lagos-Washington route’
By Sade Williams/business a.m. United returns, offering premium products, great fare To train 10 Nigerian female pilots The management...
Read moreDetailsAFEX sets up Africa food security fund backed by 10-year $100m bond
A $100 million 10-year bond that will strengthen Africa’s food security leading to the production of three million tonnes of...
Read moreDetailsMTN, Airtel, Mafab in race for Nigeria’s 5G licence at auction
The sale of Nigeria’s 5G telecommunication spectrum licence moved into firmer grounds on Thursday with the qualification of MTN Nigeria...
Read moreDetailsUBA emerges Africa’s top bank, records most wins at 2021 African Banker awards
Carts home African Bank of the Year Wins 14 awards on the night Wins in Nigeria, 12 other subsidiaries...
Read moreDetailsObaseki, investment banker governor, proposes N214.2bn budget for Edo State in 2022
Seeks State House of Assembly’s approval Godwin Obaseki, the investment banker governor of Edo State, has put together a...
Read moreDetailsIMF sees domestic debt restructuring playing big role in future debt crisis
Total sovereign domestic debt rose 46% in 20 years The International Monetary Fund (IMF) sees restructuring of domestic debts...
Read moreDetailsNDIC pays N108bn to 400k depositors in 27yrs of bank liquidation in Nigeria
Bridge bank strategy secures N1.021 deposits, prevents systemic crisis The Nigerian Deposit Insurance Corporation (NDIC) paid out a...
Read moreDetailsAfDB president cautions Nigerian government on plan to raise taxes
Akinwumi Adesina, president of the African Development Bank (AfDB), has cautioned the federal government against the hasty implementation of its...
Read moreDetailsNigerian banks’ aggressive borrowings from CBN rose 315% to N24.5trn in 11 months
Analysts say liquidity crunch, more economic activities drove borrowing rate The high rate of illiquidity in the banking...
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