On December 2, 2025, the exchange rate between the United States Dollar (USD) and the Nigerian Naira (NGN) remained stable across both official and parallel markets....
First HoldCo Plc has announced the completion of the sale of its 100 percent stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. In a...
Dangote Petroleum Refinery is set to commence the supply of 50 million litres of Premium Motor Spirit (PMS) daily to the Nigerian market starting December 1....
On December 1, 2025, the dollar appreciated against the naira as year-end demand for foreign currency influenced parallel-market rates, while the official Nigerian Foreign Exchange Market...
First City Monument Bank (FCMB) has been recognized as Nigeria’s Best SME Focused Bank for 2025 by the Chartered Institute of Bankers of Nigeria (CIBN). This...
The Federal Government has vowed to take strict action against Nigerian banks, financial institutions, and accounting firms found collaborating in terrorism financing, warning that heads of...
Coronation Merchant Bank confirmed Paul Abiagam as Managing Director and CEO effective 1 December 2025, coinciding with its tenth anniversary and signaling a new era of...
The Office of the Auditor-General for the Federation has uncovered 28 major financial irregularities linked to the Nigerian National Petroleum Company Limited, involving N30.1bn $51.6m, £14.3m,...
The naira recorded a negative trading performance during the week as the naira weakened by 0.99 per cent at the official Nigerian Foreign Exchange Market to...
The Central Bank of Nigeria (CBN) has officially disowned Zuldal Microfinance Bank Limited, cautioning that the organization is operating illegally without any regulatory approval. In a...
