Dangote Refinery cuts petrol ex-depot price to N820 per litre in fresh adjustment
Dangote Petroleum Refinery has announced a further reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as...
CBN deadline: Nigerian banks race to file capital restoration plans by July 14
Nigerian commercial banks are scrambling to meet the Central Bank of Nigeria’s (CBN) July 14 deadline for submission of Capital...
Trump sets August 1 tariff deadline as global trade talks intensify
U.S. President Donald Trump has set a new deadline of August 1 for the implementation of sweeping tariffs, giving global...
Nigeria, Ghana, and SA face volatility as half of African currencies show signs of depreciation – Report
Nearly half of African currencies have shown signs of depreciation despite steady development across the continent, according to the latest...
President Tinubu to address BRICS Summit on Nigeria’s economic reforms and investment drive
President Bola Tinubu has arrived in Brazil to participate in the 17th BRICS Summit of Heads of State and Government,...
GTB, UBA resume international transactions on naira cards with varying spending limits
Several Nigerian commercial banks have resumed international transactions on Naira-denominated debit cards, after nearly three years of suspension, allowing customers...
10 African Central Banks exploring digital currencies in 2025
Currently, African countries are actively researching, piloting, or rolling out Central Bank Digital Currencies (CBDCs), a testament to the continent’s...
Moody’s downgrades Afreximbank’s credit rating to Baa2, citing sovereign lending risks
Global credit rating agency, Moody’s, has downgraded the long-term issuer and senior unsecured ratings of the African Export-Import Bank (Afreximbank)...
FG inaugurates National Credit Guarantee Company Board to boost MSME financing
The Federal Government has officially inaugurated the Board of Directors of the newly established National Credit Guarantee Company Limited (NCGC...
NAICOM issues operational licences to SanlamAllianz Life and General Insurance to strengthen industry confidence
The National Insurance Commission (NAICOM) has formally issued operational licences to SanlamAllianz Life Insurance and General Insurance, marking a significant...
