Tuesday, April 21, 2026
CBN to blacklist banks, companies, individuals involved in textile smuggling
To revive Nigeria’s moribund cotton, textiles and garments sector, the Central Bank of Nigeria (CBN) on Monday commenced the distribution...
Read moreDetailsOil prices fall, touch one-month low after Trump’s tariff threat
Oil prices fell on Monday after U.S. President Donald Trump said he would sharply raise tariffs on Chinese goods, risking...
Read moreDetailsNNPC records N15.04bn trade surplus in January
The Nigerian National Petroleum Corporation (NNPC) has said it recorded a trade surplus of N15.04 billion in January 2019, an...
Read moreDetailsNigeria records N27b foreign portfolio deficit in Q1
Nigeria suffered a net deficit of N26.6 billion in foreign portfolio transactions in the first quarter (Q!) of this year...
Read moreDetailsBank customers lose N3.6bn to cyberfraud
A total of 63,895 bank customers lost N3.6bn to cyberfraud in two years, 2017 and 2018, the Nigeria Electronic Fraud...
Read moreDetailsBanks make N124bn from e-transactions
The growing adoption and investment in financial technology has earned 11 deposit money banks about N124.5bn revenue from electronic transactions...
Read moreDetailsEtiebet’s 2016 letter offers new clues to N2.4bn debt to Access Bank
10,000MT diesel import supply gone wrong CASTOIL owned supply contract with Mobil But LC opened in favour of Etiebet’sTop Oil...
Read moreDetailsMTN appoints Nigeria’s Sanusi, former central bank governor, non-executive director
MTN Group says it has appointed Lamido Sanusi, emir of Kano and former governor of the Central Bank of Nigeria,...
Read moreDetailsNERC, discos review third-party meter rollout next week
The Nigerian Electricity Regulatory Commission (NERC) will next week in Lagos meet with the 11 electricity distribution companies (Discos) in...
Read moreDetailsNigeria approaches Washington based FINCA Impact Finance for assistance on social intervention programme, financial inclusion
…bank disburses N6bn to Nigerian entrepreneurs in 5-yrs The Nigerian federal government has approached Washington, USA based FINCA Impact Finance...
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