NDIC begins verification, payment to depositors of 46 failed microfinance banks
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the verification and payment of insured deposits to customers of the 46...
- Saturday, July 04, 2026
BusinessDay
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the verification and payment of insured deposits to customers of the 46...
A looming power outage is threatening parts of Nigeria’s commercial capital after flooding from persistent rainfall crippled a key electricity...
The Court of Appeal in Abuja on Wednesday reserved judgment in two appeals filed by the Independent National Electoral Commission...
The European Bank for Reconstruction and Development (EBRD) will officially open its first office in Lagos Nigeria during a three-day...
Nigeria’s electricity distribution sector recorded a strong financial performance in the first four months of 2026, with Electricity Distribution Companies...
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...