CBN Revokes Licences of 46 Microfinance Banks The Central Bank of Nigeria has revoked the operating licences of 46 microfinance…
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The Nigeria Deposit Insurance Corporation has said more than 281 million depositors across the country’s banking system are protected against bank failure, following reforms that significantly
Nigeria Customs Service (NCS), Kano/Jigawa Area Command, has intercepted more than 580,000 unregistered pharmaceutical products at the Mallam Aminu Kano International Airport
Foreign capital imported into Nigeria’s telecommunications sector fell to a four-year low of $7.24m in the first quarter of 2026, despite the 50 per cent tariff increase approved for operators
Central Bank of Nigeria (CBN) has increased the maximum foreign exchange remittance for tuition payments by Nigerian students studying abroad to $25,000 per semester, up from the previous cap of
Nigerian National Petroleum Company Limited (NNPC Ltd.) reported a sharp rise in revenue and profitability in April 2026, driven by higher crude oil
2025
Nigeria imported £1.1 billion worth of refined oil from the United Kingdom in 2025, underscoring its continued reliance on foreign petroleum products despite efforts to expand local refining capacity
Dangote Refinery has cut the depot price of Automotive Gas Oil (AGO), commonly known as diesel, by N200 per litre.
President Bola Tinubu’s daughter, the Iyaloja-General of Nigeria, Mrs Folashade Tinubu-Ojo, on Wednesday threatened a protest over the outcome of the recently held All Progressives Congress
Honourable Minister of Interior, Dr. Olubunmi Tunji-Ojo, has reaffirmed the Federal Government’s commitment to transformative reforms aimed at enhancing efficiency, strengthening internal
The Monetary Policy Committee of the Central Bank of Nigeria on Wednesday retained the benchmark Monetary Policy Rate at 26.5 per cent at the end of its 305th meeting.
The Office of the Tax Ombud has unveiled its official website, launched a taxpayer call centre, and deployed a digital case management portal in a move aimed at strengthening accessibility, transparency, and trust in Nigeria’s tax administration system.