President Bola Tinubu has mentioned the names of three top performing northern governors in the area of insecurity while speaking in Abuja on Monday.
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.
FairMoney has disclosed that it disbursed more than N150 billion in loans to customers across Nigeria in 2025, alongside paying over N7bn as interest on savings.
The Nigerian currency slightly strengthened against the US dollar in NAFEM on Tuesday but weakened against the euro and pound, amid mixed market movements.
Nigerian banks have begun deducting 7.5% VAT on card maintenance and selected electronic banking fees, while deposits and transfers remain exempt.
The naira weakened in the official market as dollar demand outpaced supply, while it stayed stable at GTBank’s FX desk and unchanged in the parallel market.
A report by Oxfam shows the global billionaire population rose to a record 3,000 in 2025, estimating that billionaires now control more than $3.5 trillion in wealth.
The CBN data show Nigerian banks charge up to 60% on loans while paying as little as 2.7% on savings, widening the gap between borrowers and depositors.
Elon Musk nears $800 billion as xAI's valuation skyrockets to $250 billion, while Nigerian billionaires, led by Aliko Dangote, reshape Africa's wealth landscape.
Nigerian banks recorded higher loan defaults in the fourth quarter of 2025, as high interest rates and weak incomes hurt borrowers’ ability to repay.
The combined net worth of the world’s top 10 billionaires has soared past $2.4 trillion in 2026, led by the richest man, Elon Musk, whose fortune is $714.2 billion.
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