Federal government has opened applications for its N50,000 Conditional Grant Scheme, giving eligible nano and micro businesses funding to expand operations.
Federal government has opened applications for its N50,000 Conditional Grant Scheme, giving eligible nano and micro businesses funding to expand operations.
Rand Merchant Bank Nigeria Limited (RMB Nigeria) has announced that it has met the new minimum capital requirement set by the Central Bank of Nigeria (CBN).
Nigerian banks including Access, UBA has informed customers they will pay N50 stamp duty on transfers of N10,000 and above from January 1, 2026, under new tax rules.
The naira opened higher on Monday, gaining against the US dollar, pound, and euro, supported by rising reserves, foreign investments, and expected CBN interventions.
A Federal High Court in Abuja has granted an interim order allowing the EFCC to forfeit N30.7 million believed to be linked to fraudulent activities in the NNPCL
Nigerian stocks opened 2026 strongly as buying lifted the ASI 1.74%, pushed market capitalisation above N100 trillion, and added N1.87 trillion investor wealth.
The CBN reported that several banks lack international authorisation, while only seven first-tier banks meet offshore licensing amid recapitalisation programme.
All social media of Nigerian Bank has been deleted after the Central Bank of Nigeria approved the merger of Titan Trust and Union Bank of Nigeria.
The Nigerian Exchange ended the week higher as Financial Services and ICT stocks led gains, with 7.821 billion shares traded and positive market breadth.
The naira gained on the forex market, supported by rising external reserves, improved FX liquidity, and Nigeria exiting Africa’s worst-performing currencies list.
Money
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