Ireland deports 42 South Africans, including families, in its fourth charter flight of the year, highlighting ongoing issues of criminality and migration management.
Naira weakens to N1,360/$1 at the official market as tight FX inflows, lower oil receipts and reduced CBN interventions pressure currency stability across markets.
ABCON says the Central Bank of Nigeria reforms, integrating IMTOs into Bloomberg B-Match, boost diaspora remittances, transparency, liquidity, and market.
Apostle Folorunso Alakija has launched a N1.3 billion grant under the Flourish Africa programme, targeting female entrepreneurs, with applications closing soon.
The Central Bank of Nigeria (CBN) has announced that 32 banks have met the new capital requirements under the recapitalisation programme ahead of March 31, 2026.
Naira strengthens on improved FX liquidity after Central Bank of Nigeria reforms, as Donald Trump’s signature is set to appear on US dollar bills.
Nigeria’s foreign reserves fell to $49.57 billion as Middle East tensions and capital flight weighed on the naira, despite rising global oil prices.
COMCIN has launched a N100 million loan scheme offering Nigerian SMEs up to N5 million in low-interest funding to support growth and expand businesses nationwide
The Nigerian currency has depreciated to N1,386.70/$1 in NAFEX on March 25, with official and black market rates declining amid limited CBN forex supply.
The CBN has reassured the public that Union Bank Plc remains stable and capable of meeting its obligations, following a court ruling on the bank’s leadership.
A Federal High Court in Lagos has ruled that the CBN acted beyond its statutory powers when it dissolved the board of Union Bank of Nigeria in January 2024.
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