Category: Business

Livingtrust Mortgage Bank denies allegations of proxy share money laundering

Livingtrust Mortgage Bank Plc has refuted online reports alleging its involvement in proxy share acquisitions...

CBN to recapitalise, restructure DFIs to support MSMEs

The Central Bank of Nigeria has announced plans to recapitalise and restructure development finance institutions...

CBN plans FX manual to boost market transparency

The Deputy Governor of the Central Bank of Nigeria, Muhammad Abdullahi, announced that the regulator...

Treasury bills market holds bullish momentum amid surge in liquidity

The Nigerian Treasury Bills secondary market last week sustained a strong bullish trend, driven by...

Oil falls below $100 after Trump, Iran agree to two‑week ceasefire

Oil prices dipped under $100 a barrel on Wednesday after U.S. President Donald Trump said...

Wireless festival cancelled after Kanye West barred from UK

This year’s Wireless Festival has been called off after headliner Kanye West was barred from...

Dangote Refinery steps up petrol, urea exports amid supply disruptions

Africa’s largest refinery, owned by billionaire industrialist Aliko Dangote, has increased exports of gasoline and...

Oil prices slip as traders await clarity on US–Iran talks

Oil prices declined in volatile trading on Monday as investors looked for clearer signals from...

Presidential council orders MDAs to suspend new policies

The Presidential Enabling Business Environment Council has instructed Ministries, Departments, and Agencies to halt the...

Suppliers bypass wholesalers as consumer spending drops

Plummeting consumer spending has lingered for a long time now, and is telling on suppliers...

BVN database hits 68.6m in March 2026

Nigeria’s Bank Verification Number database reached 68.6 million in March 2026, reflecting continued efforts by...

NDPC begins inquiry into reported cyber breach affecting Remita, Sterling Bank

The Nigeria Data Protection Commission has launched an investigation into an alleged data breach involving...