President Bola Tinubu has given a fresh update on the federal allocations going to state and local governments amid the controversies on the councils' autonomy.
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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The Naira weakened against the dollar and Euro midweek, while gaining slightly versus the Pound, amid thin dollar inflows and limited Central Bank intervention.
The Central Bank of Nigeria has outlined steps for customers to report banks over failed transactions, wrongful debits, and unresolved complaints.
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Elon Musk became the first person worth over $600 billion after SpaceX’s soaring valuation boosted his fortune, while Nigeria’s Dangote and Rabiu also climbed.
Bank will restrict transactions on accounts without a Tax Identification Number (TIN) or National Identity Number (NIN) starting January 1, 2026.
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First HoldCo, the parent company of FirstBank, has completed the sale of FBNQuest Merchant Bank to EverQuest, refocusing on core banking and boosting capital.
Taiwo Oyedele has said that about 99% of Nigerian stock market investors are exempt from the proposed capital gains tax, allaying fears of investors.
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