Naira Weakens Against Dollar in Official, Black Markets
The Nigerian naira depreciated against the US dollar on Monday, December 1, dropping to N1,448.44/$1. Despite rising foreign reserves, currency pressure persists. Full details inside.
The Nigerian naira depreciated against the US dollar on Monday, December 1, dropping to N1,448.44/$1. Despite rising foreign reserves, currency pressure persists. Full details inside.
NDIC MD Thompson Sunday urges NIESV to deepen collaboration for accurate asset valuation in bank liquidation, crucial for protecting depositors' funds. Read more.
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.
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.
Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.
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Senior lawyer Babajide Koku's dual representation in Nestoil-FBN legal battle raises conflict of interest concerns, threatening Nigeria's oil sector integrity. Stakeholders warn of serious consequences.
Nigeria achieves international accreditation milestone as NINAS recognition enables export certificates acceptance in 140+ countries, saving millions in forex and boosting MSMEs.
CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.
Union Bank's new Save & Gain campaign rewards customers with cash prizes up to ₦5 million for maintaining accounts and using digital channels. Learn how to participate.
Explore the complete biography of Nigeria's First Lady Remi Tinubu - her age, children, political career, educational background, and family life. Discover her journey from Lagos to Aso Rock.
Former Senator Farouk Bunza demands NDIC release title documents for N4.76bn Banana Island property after full payment. Legal action threatened over contract breach.
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.
CBN warns Nigerians against Zuldal Microfinance Bank operating illegally in Lagos, Abuja, Kaduna, and Kano. Verify licensed MFBs before transactions.
Naira declines against US dollar despite Nigeria's foreign reserves reaching $46.7bn, a seven-year high. CBN Governor confirms economic improvements amid inflation slowdown. Read more.
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.
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.
Emadeb Exploration and Production Company Limited has commenced commercial oil production from Ibom Field PPL 236, marking a significant milestone for Nigeria's upstream oil sector and indigenous operators.
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.
Financial analyst Omowunmi Samuel clarifies FIRS is not taxing savings, only interest income. Learn the facts about Nigeria's tax policy and avoid misinformation.
Financial analyst Omowunmi Samuel clarifies Nigeria is not introducing new taxes on savings. FIRS only enforcing existing law on investment interest. Get the facts now!
Rapper Cardi B and NFL star Stefflon Diggs have welcomed their first child together. The singer announced the joyful news via Instagram on November 14, 2025.
A Nigerian TikTok user @wurababy shows off impressive savings from just two months working at a lounge. See how customer tips helped her fill two boxes with cash!
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.
Access Bank, Zenith Bank, UBA, and other Nigerian banks mandate customers to link NIN or Tax ID by January 1, 2026, or face account restrictions under new tax laws.
Discover 6 legitimate tax deductions under Nigeria's new Personal Income Tax rules effective January 2026. Learn how to reduce your taxable income legally and save money.
Wema Bank invites job seekers for nationwide walk-in interviews from Nov 17-21, 2025. Positions available for Commercial Relationship Management Officers. Bring your CV and credentials.
Critical security guide: Learn the emergency USSD codes to instantly block your UBA and Zenith Bank accounts when your phone is stolen. Protect your funds immediately with these simple steps.