INEC has uploaded close to 100 per cent of the results from the 2026 Osun state governorship election to its Result Viewing (IReV) portal. Legit.ng has the details.
The CBN's new money-market rules enhance banks' access to funding, allowing individuals and companies direct participation in OMO auctions for greater investments.
The naira depreciated to N1,379.07 per dollar at the official market while the black market exchange rate weakened to N1,400 on Wednesday trading.
Rising global oil prices could prompt Nigerian filling stations to adjust petrol pump prices, heightening expectations of further fuel price changes.
The naira appreciated against the US dollar, pound, and euro in the official market as the CBN reported stronger FX liquidity and rising external reserves.
Naira trades at ₦1,367.29 in the official market, showing stability, while parallel market rates reflect slight depreciation due to steady demand for dollars.
Tony Elumelu will retire as UBA Group Chairman on August 21, with Emmanuel Nnorom succeeding him after the bank announced a planned leadership transition.
Nigerian bank has introduced new charges on foreign currency transfers, while exempting transfers made by customers between their own accounts within the bank.
The naira strengthened against the US dollar in official and parallel markets as the CBN's policies continued to support exchange rate stability.
The Central Bank of Nigeria has warned Nigerians to ignore fake messages impersonating the bank, urging everyone to verify information through official channels.
NDIC has commenced the liquidation of 46 microfinance banks after the CBN revoked their licences, assuring eligible depositors of insured payments.
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