Why CBN revoked licenses of 46 microfinance banks
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks after determining they no longer...
- Monday, July 27, 2026
BusinessDay
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks after determining they no longer...
The Central Bank of Nigeria (CBN) has revoked the operating licenses of 46 Microfinance Banks with effect from July 1,...
….framework targets private investment, infrastructure expansion The World Bank has approved $1.25 billion in fresh financing for Nigeria and unveiled...
Exactly four months after tensions between the United States and Iran escalated, global crude oil prices have fallen back to...
Statutory remittances by the Nigerian National Petroleum Company (NNPC) Limited has risen significantly, reaching N4.85 trillion in May, from N726...
Investors are betting heavily on the future of Nigeria’s insurance industry as the sector’s recapitalisation drive enters its final phase,...
The Nigerian government can no longer afford to build Nigeria by itself. Its future now depends on convincing private capital to do what...
Across Nigeria’s commercial capital, Lagos State, on Tuesday, floodwaters swallowed roads, trapped commuters in hours-long traffic, submerged homes and shops,...
The naira has been cooling in the official foreign exchange (FX) market, depreciating to a three-month low of N1,383.63 on...
… 36 students and others unaccounted for after school invasion … NUT urges Tinubu to rescue the schoolchildren and others...