Terrorists have attacked airports in Saudi Arabia, prompting a strong reaction from the Muslim World League (MWL) as details of the incident emerge.
Nigeria’s naira hits a two-year high as stronger FX inflows, rising reserves and improved market liquidity boost confidence despite the latest rate cut.
Nigerian banks are easing international spending limits on naira debit cards as FX liquidity improves, reflecting enhanced foreign exchange stability.
The Supreme Court has approved the merger of Providus Bank and Unity Bank, finally ending all legal challenges and paving the way for consolidation.
CBN reports personal loans rose to N1.96tn in January 2026, driving consumer credit growth and revealing varied lending rates across Nigerian banks.
CBN extends PoS geo-fencing compliance deadline and increases operating radius to 70 metres to ease implementation challenges across the payment ecosystem.
POS operators threatened a nationwide shutdown, alleging monopoly practices, excessive fees, and unauthorized debits, while urging CBN and FCCPC intervention.
Nigeria’s banking stocks rallied strongly as Zenith Bank and GTCO led the NGX rankings, pushing the sector’s combined market value to N24 trillion.
Banks have advised customers to use digital banking platforms such as mobile apps, internet banking, ATMs, and USSD for transactions during the holiday period.
The US has altered its immigration policy, requiring many to apply for green cards outside the country, raising concerns over family separation and uncertainty.
Branch International lays off staff in Nigeria and Kenya despite reporting $30 million profit, citing operational efficiency and market restructuring across Africa.
Money
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