The Central Bank of Nigeria has informed Nigerian banks including fintechs on changes in regards to POS machine new or existing as it looks to tackle fraud.
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CBN releases new exchange rate to buy and sell dollars as naira crashes
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New Zealand opens 3-year Seasonal Visa: Nigerians can now apply for jobs abroad
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FG invites Nigerians to apply for N50,000 cash grant, releases application link
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Nigerian bank to share N1m, N500k, 250K to customers, gives requirements to benefit
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Female billionaire becomes world’s richest, Elon Musk drops to 3rd, Dangote loses
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Donald Trump and Elon Musk crypto coins crashes to new prices
The cryptocurrencies associated with President Donald Trump and tech mogul Elon Musk has recorded significant losses following plans for new tariffs.
Zenith, UBA, Access, others increase rate for customers to borrow money as CBN announces policy changes
The average maximum lending rate in the banking sector jumped to 31.06% in November 2024, the highest level since 2019 when it was 31% following the CBN's MPR hike.
"It's pessure tactics": Nigerian billionaire, Abdulrahman vows to challenge Dubai court judgement
A Nigerian billionaire and businessman, Abdulrahman Bashar, who was sentenced to one in Dubai prison has vowed to challenge the court case against him.
Dangote gets new position on billionaires' list as his wealth drops by over N900bn in one month
Nigeria's richest man, Aliko Dangote, has seen a significant drop in his net worth on the list of world billionaires, as Johann Rupert becomes Africa's richest man.
10 biggest commercial banks in Nigeria by market value in 2025
Data from the Nigerian Exchange has revealed Nigeria’s biggest banks as of February, as investors scramble for top banks’ shares on earnings outlook.
Otedola’s wealth grows by $100 million to $1.7 billion amid naira’s recovery
Femi Otedola, the Nigerian billionaire businessman, has seen his net worth skyrocket to $1.7 billion from $1.6 billion in 2025 as the Nigerian currency recovers.
N1,500/$: CBN releases latest naira to dollar, pound, euro, other currencies exchange rates
The value of the Naira has improved against the United States Dollar in the unofficial foreign exchange market but remained unchanged in the official FX market.
Dollar bounces back, appreciates against naira in official market
The Central Bank of Nigeria has released the latest exchange rates for the Naira against other currencies as the value of the Dollar appreciates in the NAFEM window.
Cash crunch: Nigerian banks borrow record N1.2 trillion from CBN in a single day
Due to a lack of cash in the financial system, Nigerian banks have taken a record N1.2 trillion loan from the CBN to keep their operations running.
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