Ex-Kaduna Governor Malam Nasir El-Rufai reveals his rift with President Tinubu stems from differing governance philosophies and political loyalty, not friendship.
Titan Trust Bank has ceased operations after merging with Union Bank following approval from the Central Bank of Nigeria, with all customer accounts now transferred.
The naira fell to the dollar and also weakened against major currencies despite strong external reserves and continued support from the Central Bank of Nigeria.
To mark International Fraud Awareness Week, Nigerian banks sent messages to customers on the need to guard sensitive information, report suspicious activity
The Central Bank of Nigeria urged Nigerians to handle the Naira with care, avoid spraying or mutilating it, and highlighted reforms stabilising the currency
The Central Bank of Nigeria has sold $50 million to authorised banks and dealers, in a move to ease pressure on the naira as dollar demand rises.
The naira recovered slightly on Thursday, reversing Wednesday’s losses, supported by stronger foreign reserves, limited central bank intervention.
The Federal Inland Revenue Service (FIRS) announced it is backing the Abuja City Journal National Essay Competition, supporting young Nigerian thinkers.
FairMoney Microfinance Bank has introduced a new credit product called FlexiCredit, through which Nigerian professionals can access up to N5 million personal credit.
The CBN has issued over 700 licence for microfinance banks, but has warned Nigerians about fake operators like Zuldal with branches in four states.
The Central Bank of Nigeria has declared Zuldal Microfinance Bank illegal for operating without a valid CBN licence in Lagos, Kaduna, Kano, and Abuja.
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