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.
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 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.
Polaris Bank partners with Men's Health Clinic to offer free prostate cancer screening for 250 men aged 40+ from Nov 24. Early detection saves lives!
Nigerian freelancers and professionals can now open US bank accounts with GrabrFi to receive USD payments without fees, avoid currency devaluation, and access global financial tools for their borderless careers.
CBN warns Nigerians against Zuldal Microfinance Bank operating illegally in Lagos, Abuja, Kaduna, and Kano. Verify licensed MFBs before transactions.
Federal High Court nullifies previous receivership orders against Nestoil and Neconde. Justice Osiagor to hear case de novo starting November 20, 2025. Read the latest developments.
South African psychologist Dr. Bakhe Dlamini reveals radical marriage transparency: wife has full phone and bank access. Learn his philosophy on loyalty and treating women right.
Central Bank of Nigeria exposes Zuldal Microfinance Bank operating illegally in Lagos, Abuja, Kano, and Kaduna. Verify financial institutions on CBN website before banking.
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.
Development Bank of Nigeria hosts WIRA Demo Day on November 21, showcasing women-led businesses to investors. Program addresses funding gaps for female entrepreneurs in competitive markets.
A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.
Nigeria's government outlines bold reforms for the solid minerals sector at the 2025 AGJEC/GGCE Summit, focusing on value addition, job creation, and empowering women and youth in mining.
Delta State government plans a ₦1 billion BOI loan to accelerate industrial growth and digital innovation. Learn how this partnership with MAN will reshape manufacturing.
Federal Government plans to reduce outstanding lapsed loans from $18 million to $7 million through new financial reforms and blockchain technology for World Bank projects.
SGF George Akume urges North-Central leaders to support new development commission addressing regional disparities. Federal Government initiative aims to boost cohesion and welfare.
Pascal Donohoe resigns as Eurogroup head to become World Bank managing director, dealing a blow to Ireland's governing coalition ahead of crucial by-elections.
Sterling Bank and Club Cricket Committee announce one-year partnership to elevate cricket in Nigeria through grassroots development, tournaments, and ecosystem strengthening. Join the movement!
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.
Ex-CBN deputy governor Kingsley Moghalu describes Godwin Emefiele's tenure as disastrously incompetent. Read the explosive analysis of Nigeria's economic challenges.
President Bola Tinubu's Renewed Hope Agenda is delivering tangible results in the Niger Delta through strategic development initiatives and enhanced security measures. Learn how the administration is transforming the region.
Central Bank intervenes with $50 million FX sale to Access, Zenith, UBA amid naira volatility. Naira falls to N1,472/$ in parallel market despite reserves growth. Read latest analysis.
Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.
Former CBN deputy governor Kingsley Moghalu condemns Godwin Emefiele's tenure, calling it disastrous and politically compromised. Read the full analysis of Nigeria's economic decline.
Over 200 children participated in the GymFest Championship in Lagos. Fidelity Bank and Lagos State pledge support for sports development, aiming to build a sustainable gymnastics ecosystem.
Nigeria's regional development agencies like NDDC and NEDC continue to underperform despite massive funding. New oversight model proposed to democratize operations and ensure accountability for better results.
EFCC arraigns former Access Bank operations head Obinna Nwaobi for allegedly diverting $510,000 from customer account. Case adjourned to March 2026. Read full details.
Nigeria's DSS has recaptured Abdulazeez Obadaki, a wanted Ansaru terrorist who escaped from Kuje prison in 2022. Discover the details of his crimes and capture.
Wema Bank announces walk-in interviews for Commercial Relationship Management Officers across Nigeria from November 17-21, 2025. Opportunity comes amid high youth unemployment concerns.
Lagos stakeholders are creating new financing pathways to help small businesses switch from diesel to solar power. This initiative aims to cut energy costs and boost productivity for Nigerian SMEs.
Central Bank of Nigeria publishes updated lending rates for Access Bank, UBA, Zenith Bank and others. See the new prime and maximum rates affecting loans.