Finance

Latest Finance News

CBN Denies “Fake” N5,000 and N10,000 Banknotes Amid Public Confusion

  The Central Bank of Nigeria (CBN) has strongly denied viral reports claiming it has introduced new N5,000 and N10,000 banknotes, labeling the information as fake news.

Loan Alert | The World Bank has approved a $632 million loan for Nigeria.

The World Bank has approved a $632 million loan for Nigeria. This loan is aimed at supporting the country’s development initiatives, with a focus on improving key sectors such as…

Business: Sterling Bank Waives Online Transfer Fees

Nigeria’s Sterling Bank announced that, it will no longer charge customers for local digital transfers being the first major bank to implement this free fee policy. This was confirmed

Crisis at Dangote Refinery: NNPC Ends Naira-for-Crude Deal, Fuel Supply to Nigerian Market in Jeopardy 

  In a shocking development, Dangote Refinery has reportedly halted petroleum product loading for the Nigerian market as negotiations over the controversial naira-for-crude deal with the Nigerian National Petroleum Company…

UBA’s Women’s Month Event Sparks Backlash Over Gender Parity Debate 

    Africa’s Global Bank, United Bank for Africa (UBA) Plc, has found itself at the center of a heated debate following its recent Business Series event, where high-profile female…

Telecom | Tariff hike necessary to save jobs, economy – Tijani

The federal government has defended its decision to authorize a 50% rate rise for telecoms services, stating that

Sanwo-Olu | Lagos to implement policies for business growth

Governor Babajide Sanwo-Olu has reaasured his administration’s commitment to

Senate Begins Public Hearing on Tax Reform Bills/ Vop

The Nigerian Senate has commenced a two-day public hearing on proposed tax reform bills, bringing together key stakeholders from the nation’s economic and financial sectors. The hearing, which began on…