Tinubu's Coach Mentality as Oyedele Takes Finance Helm
RHLN praises Taiwo Oyedele's appointment as Finance Minister, highlighting Tinubu's adaptive leadership and Oyedele's expertise in fiscal policy for Nigeria's economic reforms.
RHLN praises Taiwo Oyedele's appointment as Finance Minister, highlighting Tinubu's adaptive leadership and Oyedele's expertise in fiscal policy for Nigeria's economic reforms.
Afreximbank reaffirms commitment to reducing Africa's external dependence by financing refining, logistics, and manufacturing projects, citing strong 2025 financial results and investor confidence.
Nigerian banks grapple with asset quality and validation tests after raising N4.65 trillion capital, facing excess liquidity, lower yields, and moral hazard concerns.
CSCS reaffirms commitment to technology investment and revenue diversification to strengthen Nigeria's capital market infrastructure.
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RecommendedNigeria's bank recapitalisation programme, led by the CBN, has raised ₦4.65 trillion, boosting financial resilience and supporting long-term economic growth.
UBA reports 9.4% asset growth to N33.2 trillion in 2025, with customer deposits rising to N27.2 trillion and strong gross earnings of N3.09 trillion.
Oil marketers reduce petrol prices at depots and filling stations amid rising crude oil costs. Abuja sees N35 per litre drop.
FCCPC releases data on top loan apps in Nigeria, including FairMoney and Palmcredit, with interest rates ranging from 1.5% to 30% monthly amid regulatory reforms.
The Central Bank of Nigeria has removed charges on account reactivation, ATM withdrawals, virtual cards, and more, effective May 1, 2026, to boost financial inclusion.
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RecommendedFederal Government announces ₦10 billion housing loan scheme and enhanced welfare benefits for civil servants ahead of Workers' Day 2026.
Nigeria's capital market mobilised N4.65 trillion in fresh equity over 24 months, with 33 banks meeting new thresholds, proving its capacity to drive national economic transformation.
The Central Bank of Nigeria increased ATM card issuance fee from N1,000 to N1,500, while scrapping monthly maintenance charges and POS transaction fees for customers.
FCT High Court strikes out N7.1bn suit by FHT Mega Express against Parallex Bank, citing abuse of process, and awards N500,000 costs to the bank.
The Central Bank of Nigeria has released a draft revised Guide to Charges for banks, introducing fee caps and stricter disclosure requirements to enhance transparency and consumer protection.
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RecommendedWema Bank has met and exceeded CBN's recapitalisation requirement, raising qualifying capital to N264.7 billion, well above the N200 billion minimum for national banks.
Nitin J. Sandesara paid Rs 9,800 crore to Indian banks, nearly double the original claim, leading the Supreme Court to close all proceedings and setting a new standard for corporate accountability.
The Central Bank of Nigeria increases ATM card issuance fee to N1,500 from May 1, removes maintenance charges on naira cards, and updates banking fees.
The Central Bank of Nigeria has mandated banks to submit monthly reports on failed electronic transactions, including ATM, PoS, mobile, and web channels, to enhance transparency and consumer protection.
The Central Bank of Nigeria proposes raising ATM card issuance and replacement fees to ₦1,500, a 50% increase from ₦1,000, effective May 1, 2026, aiming to modernize the financial system.
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RecommendedThe Central Bank of Nigeria increases ATM card issuance fee to N1,500, abolishes N50 monthly maintenance, and introduces free virtual cards to boost digital banking.
United Capital Group reports N28.15 billion PAT in 2025, a 17% increase, with revenue up 35% to N58.55 billion. A final dividend of N0.70 per share declared.
The NCC has directed telecom operators to compensate subscribers with airtime credits for poor network quality, following verified service failures between November 2025 and January 2026.
The naira depreciated to N1,353.91/$1 at the official market amid falling forex turnover. CBN releases new exchange rates for major currencies.
The Central Bank of Nigeria releases draft guidelines capping transfer and ATM fees, enhancing transparency and promoting digital payments.
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RecommendedProvidus Bank has opened a new branch in Ado-Ekiti, expanding its footprint in key growth markets as part of a 12-month national expansion plan.
NLPC Pension Fund Administrators' assets under management grew to N624.95 billion, a 5.42% increase, reflecting confidence in retirement savings amid economic challenges.
A coalition report finds Nigeria's top banks score poorly on sustainability and ESG standards, urging regulatory reforms.
Afreximbank and St Kitts and Nevis signed the hosting agreement for ACTIF2026, set for July 29-31, 2026, to deepen Africa-Caribbean trade ties.
NCC announces automatic airtime refunds for telecom subscribers affected by poor service, marking the start of the Consumer Compensation Era in Nigeria.
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RecommendedAndray Finance unveils a mobile app on Google Play and iOS to provide ethical credit options, challenging predatory lending practices in Nigeria.