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  • Kadoso CBN Kadoso CBN Kadoso CBN
    Business2 months ago

    BREAKING: CBN Removes Cash Deposit Limit, Raises Weekly Withdrawal to N500,000

    The Central Bank of Nigeria has scrapped its cash deposit limit and increased the weekly cash withdrawal ceiling to N500,000 for individuals...

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    Business2 months ago

    Nigeria’s Public Debt Jumps to N152.39trn in Q2 2025 — NBS Report

    Nigeria’s public debt climbed to N152.39 trillion in the second quarter of 2025, reflecting a 2.01% increase from the previous quarter

  • tinubu approves tinubu approves tinubu approves
    Business2 months ago

    Tinubu Approves NTPIC to Supervise Implementation of Major Tax Reforms

    President Bola Tinubu has inaugurated the National Tax Policy Implementation Committee to coordinate the rollout of Nigeria’s sweeping new tax reforms ...

  • CBN Raises Interest Rate To 24.75 CBN Raises Interest Rate To 24.75 CBN Raises Interest Rate To 24.75
    Business2 months ago

    CBN Confirms 16 Banks Fully Meet Capital Requirements, Recapitalisation Progresses

    The Central Bank of Nigeria (CBN) has confirmed that 16 commercial banks have fully met the revised regulatory capital requirements.

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    Business2 months ago

    BREAKING: CBN Holds Interest Rate At 27%

    The Central Bank of Nigeria (CBN) has maintained the benchmark interest rate at 27%, following the Monetary Policy Committee meeting held in Abuja.

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    Business2 months ago

    Federal High Court Issues Jail Warning to First Bank, Access Bank, Zenith MDs

    The Federal High Court in Abuja has issued Form 48 notices to the heads of three major banks, warning they risk imprisonment.

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    Business2 months ago

    CBN Declares Zuldal Microfinance Bank Illegal

    The Central Bank of Nigeria has declared that Zuldal Microfinance Bank Limited is operating illegally without any licence or approval, urging Nigerians to avoid all dealings...

  • CBN Raises Interest Rate To 24.75 CBN Raises Interest Rate To 24.75 CBN Raises Interest Rate To 24.75
    Business2 months ago

    BREAKING: Nigeria’s FX Reserves Hit $46bn for First Time Since 2018

    Nigeria’s foreign exchange reserves have surged past $46 billion, marking the highest level since 2018, according to CBN Governor Olayemi Cardoso.

  • AlexOttiVerseNewsNG AlexOttiVerseNewsNG
    Business2 months ago

    Over 21 Turkish Investors Set to Participate in Abia–Turkiye Investment Summit

    Abia State has confirmed that more than 21 Turkish investors will take part in the upcoming Abia–Turkiye Investment Summit.

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    Business2 months ago

    Nigeria’s Inflation Drops to 16.05% as Rice, Garri, Beans Prices Ease

    Nigeria’s inflation fell to 16.05% in October 2025, down from 18.02% in September, driven largely by a significant slowdown in food inflation.

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