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By Diafa Doubra, Commercial banks in Nigeria have significantly increased their deposits with the Central Bank of Nigeria (CBN), hitting an all-time high of ₦146.13 trillion...
By Diafa Doubra The Nigerian Senate has launched an investigation into the growing menace of Ponzi schemes across the country following reports that Nigerians lost over...
By Diafa Doubra, The Central Bank of Nigeria (CBN) has imposed a ₦5 million fine on individuals and businesses engaged in illegal agent banking operations across...
By Micheal Chukwuebuka The Federal Government has assured Nigerians of uninterrupted availability of refined petroleum products across the country, reaffirming its commitment to energy stability and...
By Micheal Chukwuebuka A former legislative aide and banker, Mr Goni Yilkan, has been sentenced to eight years’ imprisonment by an Abuja High Court after the...
By Diafa Doubra, The Central Bank of Nigeria (CBN) has confirmed that 14 commercial banks in the country have successfully met its new capital requirements. CBN...
By Diafa Doubra, As the festive season draws closer, the Delta State Police Command has taken proactive steps to strengthen security across financial institutions in the...
By Diafa Doubra, The Naira recorded a boost in the parallel market on Thursday, appreciating to ₦1,530 per US dollar, compared to earlier rates in the...
By Diafa Doubra, Nigeria’s consecutive decline in inflation has stirred fresh calls for the Central Bank of Nigeria (CBN) to lower interest rates in order to...
By Diafa Doubra, The Nigerian naira recorded a modest gain against the United States dollar on Tuesday, buoyed by improved liquidity in the foreign exchange market...