Category : Search result: bank account balance


$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.

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.

Father's 20-year 4am to 12am commute story

A Nigerian woman reveals her father's 20-year daily commute from Ikorodu to Marina, working corporate jobs to support his family. Read this inspiring story of parental sacrifice.

IUX Brokerage Grows 68%, Enhances Client Protection

IUX brokerage reports explosive 68% quarterly growth to $541B in trading volume. Discover their risk management safeguards including negative balance protection and segregated funds for Nigerian traders.

IUX Trading Volumes Jump 68% Amid Rapid Growth

IUX broker reports 68% quarterly growth to $541B. Explore how their negative balance protection, zero stop-out, and segregated funds safeguard Nigerian traders in volatile markets.

Nigeria, Tech Giants Remove 28M Fraud Accounts

Federal Government collaboration with Google, LinkedIn, TikTok results in removal of 28 million Nigerian accounts and 58.9 million contents in anti-fraud campaign. Learn about the digital security partnership.

Atiku and FIRS Clash Over New TSA Payment Provider

Former VP Atiku Abubakar demands suspension of Xpress Payment Solutions as TSA collecting agent, while FIRS defends multi-provider framework. Key political clash over revenue collection.

FIRS Dismisses Atiku's Xpress Payments Allegations

FIRS counters Atiku Abubakar's claims about Xpress Payments in TSA framework, calling them incorrect and misleading. Read the full details of this political dispute over revenue collection.

GrabrFi Offers US Bank Accounts to Nigerian Freelancers

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.

FIRS Names Xpress Payment as Official TSA Agent

Federal Inland Revenue Service appoints Xpress Payment Solutions as TSA collecting agent. Taxpayers can now remit Company Income Tax, VAT via TaxPro Max platform. Read more.

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.

Ebonyi ranks lowest in 2025 FAAC payouts

Ebonyi State received the lowest FAAC allocation of ₦112.19B between January-August 2025, highlighting Nigeria's revenue imbalance. Discover the states that got the most and least.

Nigerian banks post N14.7tn interest income

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.

Moghalu: Emefiele was disastrous CBN governor

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.

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