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.
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FG launches new credit scheme, invites youths to borrow up to N5m in minutes
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FG announces N25 million happy woman empowerment programme, lists requirements
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Dollar crashes to lowest level in 4 years, naira hits new high
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FG reopens YEIDEP portal for youths to apply for business grants up to N500,000
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UK bans foreign recruitment in 100 job roles, Nigerians among those hit by new policy
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Naira records first loss in 2026 as CBN sells dollar
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Naira sets new record, extends appreciation against US dollar, pound, euro
The Naira extended its positive momentum on Wednesday, also strengthening against the Pound and Euro, supported by market reforms and rising foreign reserves.
Flutterwave expands, acquires open banking startup Mono in deal worth up to $40m
Flutterwave acquires Mono for $25-$40 million, boosting Africa's fintech infrastructure while Mono continues independently. Nigerians hailed the development.
Wike’s man shares ‘how much tax was deducted’ after N80,000 transfer, Nigerians react
The federal government’s new policy requiring banks to collect a N50 stamp duty has sparked debate following Lere Olayinka showed how much he was debited.
PwC projects naira to dollar exchange rate in 2026
PwC forecasts a stable naira in 2026, supported by CBN reforms and improved FX liquidity, but warns that external shocks and capital flow reversals remain key risks.
Another Nigerian bank meets CBN's capital requirement ahead of March 2026 deadline
FirstBank has met the CBN’s N500 billion capital requirement through Rights Issue, Private Placement, and divestment proceeds, positioning the bank for growth.
Nigeria Tax Act: GTBank issues fresh notice to customers on N50 stamp duty on electronic transfers
GTBank has issued fresh updates to its customers on the federal government's revised Nigeria stamp duty framework under the Nigeria Tax Act 2025.
Dangote, Rabiu starts 2026 strong, make over N181bn in six days, secures new world ranking
Aliko Dangote and Abdulsamad Rabiu have kicked off 2026 strongly, adding significant wealth as Dangote crossed $30 billion, while Elon Musk remains at the top.
Rand Merchant Bank meets CBN minimum capital requirement ahead of March deadline
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).
N50 stamp duty: GTBank, Access, Zenith, UBA send messages to customers on changes
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.
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