Defence Minister Bello Matawalle has opened up on the clash between Nyesom Wike and an officer, sharing how the FCT minister allegedly disobeyed the defence chief.
Standard Chartered Bank Nigeria has confirmed plans to close customers' accounts with less than N7.5 million by February 2026 and has advised customers.
The CBN is set to raise no less than N20 trillion transferred from the banks to its coffers when it takes over the balances in dormant accounts of customers.
The Central Bank of Nigeria has predicted a stronger naira against the dollar, citing various reforms and improvements in crude oil production as key drivers.
Abiodun Adedipe, the founder and principal consultant of B Adedipe Associates Limited, said the shortage of feedstock for local refineries was a major problem
The Central Bank of Nigeria's intervention in the foreign exchange market has provided the needed support for the naira to appreciate in value against the dollar.
The Central Bank of Nigeria has conducted another round of dollar sales to Bureau de Change operators and have set a strict selling exchange rate.
The value of the Nigerian currency has depreciated again in the unofficial market and is now above an exchange rate of N1,600, forcing the CBN to react.
The United Arab Emirate (UAE) has denied reports that its visa application fee for Nigerian passport holders to N460,000 from N155,000 after lifting visa ban.
Rising inflation rates and stronger demand caused the British pound sterling to hit a one-year high of N2,035/£1 at parallel markets across Nigeria.
JP Morgan Chase Bank is warning that it would soon begin charging customers for their accounts, impacting some 86 million customers when implemented.
Money
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