Ademola Adeleke has won a second term as Osun State governor, outpacing Bola Oyebamiji, as reactions unfold linking the election to the 2027 general elections.
Ademola Adeleke has won a second term as Osun State governor, outpacing Bola Oyebamiji, as reactions unfold linking the election to the 2027 general elections.
The CBN's new money-market rules enhance banks' access to funding, allowing individuals and companies direct participation in OMO auctions for greater investments.
Federal government has introduced a 1% presumptive tax on informal businesses, exempting firms earning N12 million or less and banning cash tax collections.
CBN Governor Olayemi Cardoso says FX reforms narrowed the official-parallel dollar rate gap to under 2%, boosting naira stability, liquidity, investor confidence.
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Signature Bank Limited has increased its capital base to ₦52 billion, surpassing the ₦50 billion minimum requirement set by the Central Bank of Nigeria.
The naira gained against the dollar in the official market while Nigeria’s external reserves climbed above $50 billion, strengthening foreign exchange buffers.
The Central Bank of Nigeria has capped newly activated mobile banking app transactions at N20,000 within 24 hours to strengthen security and reduce fraud risks.
The Naira appreciated to N1,366.23/USD amid improving forex activity, reflecting stability in Nigeria's market amid CBN reforms and stronger reserves.
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