CBN Rate Hikes Boost Fixed Income Demand in Nigeria
CBN's aggressive 875bps interest rate hikes in 2024 dramatically increased demand for fixed income instruments while crowding out private sector borrowing. Discover key market impacts.
CBN's aggressive 875bps interest rate hikes in 2024 dramatically increased demand for fixed income instruments while crowding out private sector borrowing. Discover key market impacts.
Former Ekiti governor Ayodele Fayose reveals burial instructions: Ekiti government to handle arrangements, burial within four weeks of death. Read his emotional wishes.
Former Ekiti governor Ayodele Fayose discloses detailed burial instructions, requesting state government involvement and specific burial location. Read his emotional final wishes.
A former Nigerian pastor turned atheist challenges Christian doctrine in viral video, claiming Jesus' crucifixion wasn't necessary. Read his controversial arguments that sparked online debate.
Senator Shehu Sani reacts to Willie Obiano's death rumour, noting the former governor gained rare insight into posthumous commentary while still alive. Read full analysis.
A Nigerian man shares his surprising experience of finding greater peace after leaving Christianity, challenging common religious teachings about life without Christ.
Former Anambra State Governor Willie Obiano has dismissed circulating death rumours, confirming he is alive and in excellent health. Read his full statement and reaction to the false claims.
Controversy surrounds the reported death of former Anambra State governor Willie Obiano in London. Get the latest updates on his health status and ongoing EFCC trial.
Former Anambra State Governor Willie Obiano is alive and well, his ex-commissioner confirms. Get the facts debunking the false social media death claims.
Former Anambra State governor Willie Obiano has passed away at 70 after battling heart disease. Learn about his life and political legacy in Nigeria.
Nigeria's naira recovers against USD, trading at N1441 after external reserves surge to $43.4bn. Market sentiment improves as blocked funds decline. Read latest FX updates.
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.
Former Nigerian military generals express outrage over FCT Minister Wike's confrontation with naval officer during Abuja land dispute. Defence Ministry launches investigation.
Bayelsa Governor Douye Diri explains his approach to handling deputy who refused to join APC. Read about the resolved impeachment case and security assurances.
ICPC secures conviction of two National Assembly staff for a N4.8m job scam involving fake CBN and FIRS employment. Justice served as convicts refund money. Beware of fake job offers!
Naira reverses gains, crashing to N1,443.08 against USD in official market. Third straight day of losses as mid-month demand pressures mount. Read full analysis.
Governors AbdulRazaq and Zulum attend reopening of renovated 217-year-old Imam Gambari Mosque in Ilorin. The historic Islamic center blends traditional heritage with modern facilities.
Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.
Summit Bank Limited begins operations as Nigeria's fifth Islamic bank, expanding Sharia-compliant financial services accessible to all Nigerians regardless of religion.
FCT Minister Nyesom Wike clashes with soldiers over disputed Abuja land allegedly connected to former Naval Chief Gambo. Get full details of the incident and Gambo's career.
GTBank has increased international spending limits on naira cards from $1,000 to $6,000 per quarter. The move reflects improved forex liquidity and market stability. Learn how this affects Nigerian cardholders.
Nigerian naira shows minimal movement across forex markets as external reserves reach $43.34 billion. Expert analysis reveals stability outlook amid fluctuating dollar supply.
Hajiya Sutura Shagari, the final surviving widow of Nigeria's former President Shehu Shagari, has passed away at 89. Discover her legacy and funeral details.
Hajiya Sutura Shehu Shagari, the last surviving wife of former Nigerian President Shehu Shagari, has passed away at 89 after a prolonged illness. Read more for the family's statement and details.
Standard Chartered Bank Nigeria announces branch closures starting January 2026 as part of digital transformation strategy. Bank confirms meeting CBN's N200bn capital requirement early.
First Bank of Nigeria Holdings Plc announces staggering N450.9 billion profit as it strategically positions itself for Central Bank of Nigeria's banking sector recapitalisation requirements.
Argentina's ex-president Cristina Fernández de Kirchner returns to court in massive corruption case involving public works fraud. Latest developments from the high-profile trial that has the nation talking.
The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.
Nigeria's Monetary Policy Committee faces tough choices as inflation soars and economic growth slows. Experts analyze potential outcomes ahead of crucial rate decision.
Standard Chartered Bank Nigeria has successfully met the Central Bank of Nigeria's ₦200 billion recapitalisation requirement, positioning itself as a leader in the new banking landscape.