Nigerian Banks Hit N33.24 Trillion in Customer Deposits
Ten Nigerian banks recorded over N33.24 trillion in savings deposits by September 2025, a 6.8% annual increase. See which Tier-2 banks led the growth and the latest CBN savings rates.
Category : Search result: central bank independence
NDIC Seeks NIESV Collaboration on Bank Depositor Safety
NDIC MD Thompson Sunday urges NIESV to deepen collaboration for accurate asset valuation in bank liquidation, crucial for protecting depositors' funds. Read more.
$5B Africa Energy Bank HQ Complete in Abuja
Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.
US-Nigeria Talks on Middle Belt Peace and Security
A US Embassy delegation met President Tinubu's aide, Dr Abiodun Essiet, in Abuja to discuss peace initiatives and security collaboration in Nigeria's North Central region. Learn the key outcomes.
How to Block Your Access Bank Account & ATM Card Now
Lost your Access Bank card? Act fast! This guide details immediate steps to block your account via USSD *901*911#, mobile app, WhatsApp banking, and more to prevent fraud.
Kinshasa Rally Impacts Dondra's CAR Election Bid
Massive Kinshasa rally supports Henri-Marie Dondra's CAR presidential bid. Discover how foreign backing could shape the December 28 election outcome and sovereignty debates.
CBN sells $36.60m to banks amid naira depreciation
Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.
Why Older Women Choose Freedom Over Remarriage
Discover why Nigerian women over 50 are choosing independence and self-fulfillment instead of remarrying. Research shows single women are happier and more satisfied with life.
22-Year-Old Teacher Arrested for Inappropriate Student Texts
Yezmar Ramos-Figueroa, 22, faces felony charges for sending obscene material to a 13-year-old student at Central Pointe Christian Academy. Learn the shocking details.
Experts Support CBN's MPR Decision, See Lower Rates
Nigerian economists endorse CBN's monetary policy stance maintaining MPR at 27%. Experts predict reduced lending costs to boost real sector growth. Read analysis.
ESA Secures Record €22.1 Billion Space Budget
The European Space Agency secures a historic €22.1 billion budget to boost space independence, fund new rockets, and launch missions to Mars and Saturn's moon. Discover Europe's ambitious space plans.
Nigerian Media Seek Tax Relief Amid Economic Crisis
Nigerian editors demand tax relief and VAT exemption as economic crisis threatens media independence. Experts warn against government funding compromising watchdog role.
UN Condemns Mass Kidnappings in Nigeria
UN condemns mass kidnappings of 402 people in Nigeria, urges authorities to hold perpetrators accountable and ensure safe return of victims.
Chinese mining CEO arrested in Kyrgyzstan
Kyrgyz authorities detain Chinese CEO of gold mining firm accused of major environmental damage amid growing anti-China sentiment. Read full details.
Conductor Gets Fake Wedding Naira Notes as Payment
A Nigerian conductor was reportedly paid with fake N1000 notes featuring wedding couple photos and 'Central Bank of Love' inscription. The incident sparks social media outrage.
Judicial Independence Questioned After Presidential Anthem Incident
President Tinubu's personal anthem played at judges' conference raises concerns about judicial independence. Analysis of historical context and current implications for Nigeria's judiciary.
Naira weakens to N1,456.72/$ as economy faces pressure
Naira depreciates by 0.98% to N1,456.72/$ amid dollar demand and structural challenges. Nigeria's foreign reserves rise to $44.12 billion despite oil price decline. Learn more about the economic outlook.
Ex-Senator Sues NDIC Over N4.76bn Property Documents
Former Senator Farouk Bunza demands NDIC release title documents for N4.76bn Banana Island property after full payment. Legal action threatened over contract breach.
Veekee James Criticised for 'Feed Your Husband' Advice
Nigerian fashion designer Veekee James faces backlash for urging women to be financially independent and 'feed their husbands'. Read the full story and netizens' reactions.
Lafarge Restores Historic Independence Obelisk in Lagos
Lafarge Africa PLC has restored the historic Independence Memorial Obelisk at Tafawa Balewa Square using eco-friendly cement. This project demonstrates their commitment to sustainability and cultural preservation in Nigeria.
CBN Injects $50m to Stabilize Naira Amid Dollar Demand
The Central Bank of Nigeria has intervened with $50 million forex injection to stabilize the naira as currency volatility continues. Learn how this affects Nigeria's economy.
Naira Recovers Against Dollar as FX Reserves Soar
Naira strengthens against US dollar after recent decline, closing at N1,452.13. Nigeria's foreign reserves hit $46.7 billion, highest in 7 years. Traders expect continued volatility despite positive indicators.
Afghanistan Diversifies Trade Amid Pakistan Dispute
Afghanistan is urgently seeking new trade partners after a border clash with Pakistan. The Taliban government is turning to Iran and Central Asia as $100 million in losses hit traders. Discover the economic fallout.
Idris Wada defects to APC, Ohere eyes Senate comeback
Former Governor Idris Wada defects to the APC in a major Kogi political shift. Senator Ohere hails the move and outlines his 2027 Senate comeback bid, highlighting his legislative record.
Fake Microfinance Bank Exposed by CBN in Nigeria
CBN warns Nigerians against Zuldal Microfinance Bank operating illegally in Lagos, Abuja, Kaduna, and Kano. Verify licensed MFBs before transactions.
US-Based Plateau Group Urges Crackdown on Killers
Plateau State Association USA urges Nigerian government to intensify security operations against armed groups in Plateau, Benue. Calls for arrests, prosecutions and humanitarian aid.
Quick Wema Bank Account Opening: ALAT, USSD, Branch
Learn how to open a Wema Bank account quickly using ALAT app, USSD code *945*1#, or visiting a branch. Essential requirements: valid ID, BVN, passport photo.
Akume: NCDC to Bridge North-Central Development Gaps
SGF George Akume urges North-Central leaders to support new development commission addressing regional disparities. Federal Government initiative aims to boost cohesion and welfare.
Zenith Bank to Acquire Paramount Bank in Kenya
Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.
Moghalu: Emefiele was political poodle, not banker
Ex-CBN deputy governor Kingsley Moghalu describes Godwin Emefiele's tenure as disastrously incompetent. Read the explosive analysis of Nigeria's economic challenges.
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