Banks Shut Branches for Christmas, Urge Digital Banking Use
Nigerian banks and capital market firms will close physical branches for Christmas. Customers are advised to use mobile apps, USSD, and online platforms for uninterrupted services.
Category : Search result: foreign assets
NSCDC Deploys 1,293 Personnel for Delta Yuletide Security
The NSCDC deploys 1,293 officers across Delta State for Christmas and New Year security. The operation focuses on critical assets and public safety. Read more on the comprehensive security plan.
Chappal Energies gets $430m financing for oil assets
Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit
PenCom Hails FG's N758bn Pension Bond Disbursement
PenCom DG Omolola Oloworaran reveals the N758bn pension bond has been cashed, with over N600bn released to beneficiaries. Pension assets now stand at N27 trillion.
4,000 NSCDC Officers Deployed for FCT Christmas Security
The NSCDC FCT Command deploys 4,000 personnel to ensure a peaceful Christmas celebration. Commandant Odumosu orders maximum security at churches, malls, and critical assets.
EU Summit Deadlock Over Russian Assets for Ukraine
EU leaders meet in a crucial summit to unlock €210bn in frozen Russian assets for Ukraine, but face strong opposition from Belgium. Will they find a deal before Ukraine's cash crunch hits?
LSSTF Launches Team to Monitor Security Assets in Lagos
LSSTF CEO Dr Ayo Ogunsan inaugurates a monitoring team to track vehicles and assets for the RRS, ensuring transparency and accountability in Lagos security funding. Read more.
How Foreign Countries Aid Nigeria's $400B Political Loot
Academic research reveals Nigerian officials stole over $400B, with funds held in wealthy nations. Explore the slow recovery process and key cases like Abacha. #Nigeria #Corruption
EU Summit Debates Using Frozen Russian Assets for Ukraine
EU leaders meet in Brussels to decide on funding Ukraine's war effort, debating a risky plan to use €200 billion in frozen Russian central bank assets. Will they reach a deal?
Abode Assets Rewards Team with Qatar, Rwanda Training
Abode Assets Limited has concluded an international bootcamp for 16 top associates and customers in Qatar and Rwanda. The program aimed to boost professional skills and global exposure for wealth creation.
EU's Ukraine Funding Plan Exposes Hypocrisy on Colonial Debt
The EU's plan to use €210bn in frozen Russian assets for Ukraine faces legal risks, while ignoring calls for colonial reparations in Africa. This double standard threatens Europe's financial credibility. Read the full analysis.
AMCON Repays N3.6trn to CBN, Pursues 3,000 Court Cases
Nigeria's AMCON has repaid N3.6 trillion to the CBN from debt recovery and asset sales since 2010. The corporation still owes N3 trillion and is engaged in over 3,000 lawsuits. Read the full report.
TotalEnergies Sells 40% Nigerian Offshore Stake to Chevron
TotalEnergies divests 40% stake in two Nigerian offshore licences to Chevron, forming a new joint venture to accelerate exploration in the West Delta basin. This marks a strategic realignment amid Nigeria's push for new oil investments.
Tokenized Assets: Africa's Next Investment Frontier
Tokenized real-world assets are transforming African investing by increasing access, liquidity and transparency. Discover how RWAs could unlock trillions for the continent's economy.
Tokenized Assets: Africa's Investment Revolution
Tokenized real-world assets are transforming African investing by increasing access, liquidity, and transparency. Discover how RWAs could unlock trillions for the continent.
Digital Assets Can Make Nigeria a Top-Tier Economy
Finance expert Ochuko Akejagbor proposes a national strategy using digital assets to boost Nigeria's economy, aiming for top-tier global status by 2030 through new commissions and reserves.
Belgian PM opposes EU plan on Russian assets for Ukraine
Belgium's Prime Minister Bart De Wever strongly opposes the EU proposal to use frozen Russian assets for Ukraine funding, citing legal and financial risks for his country.
Nigeria's Money Supply Reaches N119 Trillion
Nigeria's broad money supply increased to N119.04 trillion in October 2025, driven by rising domestic assets despite falling foreign reserves. Learn what this means for the economy.
Ukraine Pushes EU for $163B Russian Assets Loan
Ukraine urges EU to approve a $163-billion loan from frozen Russian assets at the December summit to avert a 2026 budget crisis. Russia threatens a 'painful response'.
Reps Probe Abandoned Federal Government Properties
Speaker Tajudeen Abbas inaugurates committee to investigate abandoned federal assets nationwide. The 10th House vows to end era of wasting public wealth and ensure proper utilization.
US Labels Venezuelan Cartel as Terrorist Organization
US designates Cartel de los Soles as foreign terrorist organization, permitting potential military strikes in Venezuela without congressional approval. Read full details.
Naira falls against dollar despite rising FX reserves
Naira depreciates to N1,442.43/$1 in official market as foreign exchange demand increases ahead of festive season. Nigeria's FX reserves climb to $43.5 billion - the highest level in six years.
CBN Sells $50m to Banks as Naira Falls Amid Dollar Demand
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.
Western Sanctions Backfire: Global Consequences
Excessive international sanctions by Western nations are creating unintended consequences, including global polarization and alternative systems. Discover how this affects Nigeria and the world.
Kano Governor Awards Scholarships to 350 Students
Governor Abba Kabir Yusuf has sponsored 350 Kano indigenes for postgraduate studies abroad in India, Uganda, and Malaysia. The initiative aims to boost human capital development.
Nigeria FM Rejects Christian Genocide Claims in TV Clash
Nigerian Foreign Minister Yusuf Tuggar confronts Piers Morgan over Christian persecution narrative, demands full interview broadcast as African Union backs Nigeria's stance.
Piers Morgan vs Nigeria Minister: Interview Clash
British broadcaster Piers Morgan responds to Nigeria's Foreign Minister Yusuf Tuggar's demand for full interview release. Tuggar defended Nigeria against religious persecution claims. Read the explosive exchange.
Tuggar Urges Piers Morgan to Air Full Nigeria Interview
Nigeria's Foreign Minister Yusuf Tuggar demands British broadcaster Piers Morgan air his complete interview about religious situation without edits. Read the full story.
Naira falls to 10-day low against US dollar
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.
NSCDC FCT Commandant Calls for Enhanced Security Synergy
NSCDC FCT Commandant Dr. Olusola Odumosu emphasizes sustainable inter-agency collaboration for improved national security during visit by Armed Forces College. Learn how security agencies are strengthening cooperation.
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