The Bureau De Change (BDC) operators have attributed the recent strong performance of the naira to the implementation of the Central Bank of Nigeria (CBN) policy which allows authorized dealers to sel...
The Central Bank of Nigeria (CBN) has ordered commercial bank directors with non-performing insider related loans, to step down immediately. This was disclosed in a circular titled ‘Compliance with In...
About 75% of businesses have identified high interest rates as their primary operational constraint in January 2025. This is according to the Central Bank of Nigeria (CBN)’s Business Expectation Surve...
Nigeria’s 2025 budget both federal and state governments combined when analysed based on budget per capita amounts to $0.63, way lower than the average $2.15 per day marked by the World Bank for peopl...
The European Union (EU) and the University of Agriculture and Environmental Sciences (UAES) Umuagwo, have expressed commitment to food sustainability and digitalization of agriculture in Nigeria and o...
A report from the Central Bank of Nigeria (CBN) has indicated that Nigeria’s economic activities expanded for the second consecutive month. The composite Purchasing Managers’ Index (PMI) for January 2...
The Central Bank of Nigeria (CBN) on Friday reassured the public that Keystone Bank Limited remains safe, sound, and fully operational. This followed the court order that the shares of Keystone Bank L...
The Central Bank of Nigeria has threatened to penalise banks that compel customers to withdraw amounts lower than N20,000 per transaction from Automated Teller Machines. The apex bank disclosed this i...
Arise Business Analyst Chika Mbonu discussed Keystone Bank and the forfeiture of 6.3 billion of its shares owned by Sigma Golf Nigeria Ltd to the Federal Government of Nigeria after a plea bargain ove...
The President of Dangote Group, Aliko Dangote, has reaffirmed the conglomerate’s commitment to ending raw sugar importation in Nigeria with an investment exceeding $700 million in sugar production. Da...
