Saturday, July 25, 2026
NDPC slams record-high N555.8m fine on Fidelity Bank over data breach
Business a.m. The National Data Protection Commission (NDPC) has imposed a N555.8 million fine on Fidelity Bank for violations involving...
Read moreDetailsNigeria’s diaspora remittances soar to $533m in July as CBN reveals 130% growth
Business a.m. The Central Bank of Nigeria (CBN) has announced a significant rise in diaspora remittances in July, with inflows...
Read moreDetails$56bn global creative economy seen as golden opportunity to tackle unemployment in Africa
holds potential to create 20 million jobs, $20bn annual revenue Onome Amuge The $56 billion global creative economy, composed of...
Read moreDetailsDangote, other local refineries to get crude oil in Naira from October 1
Business a.m. The federal government has revealed that sales of crude oil to Dangote Refinery and other local refineries will...
Read moreDetailsAnalysts shine light on benefits, risks of Nigeria’s $500m local dollar bond offer
As treasury, DMO officials welcome investors Red flag raised over bond’s 5-year tenure Worry over deployment of bond’s proceeds Opportunity...
Read moreDetailsAnalysts list factors keeping gold bullish @ $2700/oz near-term target
Global trend continuing after climbing $2,490/oz Record prices hold implication for global FX trade Demand for safe-haven assets grows ...
Read moreDetailsNigerian investors missing out on N215bn dividends, says SEC
Business a.m. Unclaimed dividends in Nigeria's financial market have risen to N215 billion as of March 2024, indicating a significant...
Read moreDetailsNigeria’s inflation eases slightly as seasonal harvest cools rising prices in July
Down 33.40% from 34.19% in June Onome Amuge After months of battling high inflation, Nigeria's economy recorded a cooling in...
Read moreDetailsNigeria inflation rate eases to 33.40% in July
Business a.m. Nigeria's persistent battle with inflation showed signs of improvement in July 2024, as the country's inflation rate declined...
Read moreDetailsNigeria’s economic activities endure 13th consecutive month of decline as PMI falls to 49.7 in July
Business a.m. The Central Bank of Nigeria (CBN) revealed that the Purchasing Managers Index (PMI) for July 2024 recorded a...
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