Bank

Former Central Bank of Nigeria governor Godwin Emefiele has denied reports linking him to the financing of t+rrorism in the country. The claim surfaced online this week, prompting Emefiele to issue a firm response through a statement…
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The Corporate Affairs Commission has announced a nationwide clampdown on unregistered Point-of-Sale operators, setting January 1, 2026, as the date when enforcement will begin. The warning came in a public notice issued on Saturday. …
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The Senate has confirmed retired Chief of Defence Staff, General Christopher Musa, as Nigeria’s new Minister of Defence after a five hour screening on Wednesday. His appearance before lawmakers came at a time of rising insecurity and…
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The Nigerian Education Loan Fund has announced that it has released more than N140 billion in student loans since the portal opened on May 24, 2024. The update came through its daily report, which showed that over 1.1 million…
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A Federal High Court in Abuja has ordered the government to publish the names of all individuals found liable in the alleged misuse of more than N6 trillion linked to abandoned projects and the operations of the Niger Delta Development…
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Millions of Nigerians will begin the new year with fewer bank deductions as the Federal Government prepares to scrap five major charges under its latest tax reforms. The changes, set to take effect in January 2026, are part of…
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The House of Representatives has approved President Bola Tinubu’s request to borrow ₦1.150 trillion to fund the 2025 budget deficit. The approval followed the adoption of a report presented by the House Committee on Aids, Loans and Debt…
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The World Bank-assisted Rural Access and Agricultural Marketing Project (RAAMP) has recorded major progress in Ekiti State, with over 130 kilometers of rural roads awarded for construction. According to the State Project Coordinator,…
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The Federal High Court in Abuja has dismissed an objection filed by the Central Bank of Nigeria (CBN) and the Accountant-General of the Federation (AGF) seeking to halt a case over the alleged withholding of Osun State’s local government…
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The Central Bank of Nigeria has introduced fresh regulations for Point of Sale and agent banking operations nationwide, setting a new daily cash-out ceiling of N1.2 million per agent and outlining stricter measures to monitor compliance…
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