Nigerian Naira trading at ₦1,466 to USD in official FOREX
The Nigerian naira held onto recent gains on Monday, trading around ₦1,466 to the US dollar in the official Nigerian Foreign Exchange Market (NFEM) while the parallel (street) market —…
Price of cooking gas stabilises at N1,200 after PENGASSAN related hike
The price of liquefied petroleum gas, known as cooking gas, has remained stable at N1,200 per litre in the Federal Capital Territory. LPG vendors in Abuja now sell product between…
POS agent daily transactions capped at N1.2m by CBN
The Central Bank of Nigeria has introduced new operational guidelines for agent banking across the country, capping daily cumulative transactions per agent at N1.2 million. The revised framework, released on…
CBN directs banks to submit monthly reports on POS agents
The Central Bank of Nigeria (CBN) has issued a directive requiring all financial institutions to submit detailed monthly reports on the activities of their Point-of-Sale (POS) agents. The move is…
We want joint crisis preparedness framework with you-NDIC to CBN
Chief Executive Officer of the Nigeria Deposit Insurance Corporation, NDIC, Mr Thompson Sunday, has appealed to the Governor of the Central Bank, Olayemi Cardoso, to consider developing a joint crisis…
Zenith Bank tops Nigeria’s banking sector for sixteen consecutive year in 2025 top 1000 World Bank ranking
Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital for the sixteenth consecutive year, in the 2025 Top 1000 World Banks’ Rankings,…
Oil prices hit 6% high as Israel strikes Iran, supply disruptions loom
Oil prices surged more than 9% on Friday, shooting up to their highest levels in nearly five months after an attack on Iran by Israel. The latest attack has intensified…
Zenith Bank Achieves Double Digit Growth In Gross Earnings, Proposes N4.00 Final Dividend In Full Year 2024
Zenith Bank Plc has announced its audited financial results for the year ended December 31, 2024,delivering significant growth across key performance indicators. The Bank’s impressiveperformance reflects effective management and pricing…
Keystone Bank very stable despite court order- CBN
The Central Bank of Nigeria (CBN) has reassured the public that Keystone Bank Limited remainssafe, sound, and fully operational. The assurance followed the apprehension among Nigerians after a court ordered…
Zenith Bank Assures Customers of Exceptional Service Delivery Following Successful IT Infrastructure Upgrade
Zenith Bank Plc has assured its teeming customers of exceptional service delivery and improved customer experience following the successful completion of its Information Technology Infrastructure Upgrade. In a statement made…