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Naira rebounds to N1,363.5/$ after early-week depreciation

🇳🇬 Naira rebounds to N1,363.5/$ after early-week depreciation

Nigeria finance Pending · 14/03/2026

The naira strengthened to close at N1,363.5 per dollar at the official foreign exchange market on Friday, rebounding after a sharp depreciation at the...

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CBN sets N20,000 transaction limit for new mobile banking app activations

🇳🇬 CBN sets N20,000 transaction limit for new mobile banking app activations

Nigeria finance Pending · 13/03/2026

The Central Bank of Nigeria (CBN) has set a maximum transaction limit of N20,000 within the first 24 hours of activating a mobile banking application ...

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Subomi Balogun and the brilliance of institutional succession planning

🇳🇬 Subomi Balogun and the brilliance of institutional succession planning

Nigeria finance Pending · 13/03/2026

I write with joy as an alumnus of the FCMB Group. I have just seen a report suggesting that the group has met the statutory capital requirement. They ...

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CBN tightens BVN rules, introduces fraud watchlist for banking customers

🇳🇬 CBN tightens BVN rules, introduces fraud watchlist for banking customers

Nigeria finance Pending · 13/03/2026

The Central Bank of Nigeria (CBN) has introduced stricter controls on suspected fraudulent transactions, BVN enrolment, and data access within the ban...

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Tinubu targets $10bn liquidity boost with new petroleum reform task force

🇳🇬 Tinubu targets $10bn liquidity boost with new petroleum reform task force

Nigeria finance Pending · 13/03/2026

President Bola Ahmed Tinubu has approved the establishment of a Presidential Petroleum Reform & Value Optimisation Taskforce aimed at accelerating str...

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Court orders seizure of N1.3bn Ikeja hotel in Edward Olutoke fraud case

🇳🇬 Court orders seizure of N1.3bn Ikeja hotel in Edward Olutoke fraud case

Nigeria finance Pending · 13/03/2026

A Federal High Court in Ikoyi, Lagos, has ordered the temporary seizure of a N1.3 billion hotel linked to Edward Olutoke, Managing Director of the Ike...

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Zulum approves recruitment of 473 medical workers

🇳🇬 Zulum approves recruitment of 473 medical workers

Nigeria finance Pending · 13/03/2026

Governor Babagana Zulum has approved the immediate recruitment of 473 medical personnel and a 40 per cent rural posting allowance for nurses to streng...

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Sycamore Opens ₦3 Billion Commercial Paper Offer to Investors Under ₦20 Billion Programme; Early Subscriptions Underway

🇳🇬 Sycamore Opens ₦3 Billion Commercial Paper Offer to Investors Under ₦20 Billion Programme; Early Subscriptions Underway

Nigeria finance Pending · 13/03/2026

Sycamore Integrated Solutions Limited has officially opened subscriptions for its ₦3 billion Series 1 Commercial Paper Issuance, offering qualified in...

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Guinness, BUA Cement shine as NGX Index breaks above 198,000

🇳🇬 Guinness, BUA Cement shine as NGX Index breaks above 198,000

Nigeria finance Pending · 13/03/2026

The NGX All-Share Index wrapped the trading session of March 13, 2026, up 1,498.6 points to 198,407.3, with BUA Cement Plc and Guinness Nigeria Plc am...

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EFCC returns $225,895, N62.79m to foreign victims of fraud

🇳🇬 EFCC returns $225,895, N62.79m to foreign victims of fraud

Nigeria finance Pending · 13/03/2026

The Economic and Financial Crimes Commission (EFCC) has returned a total of $225,895 and N62,790,000 to foreign victims of fraud.   The post EFCC retu...

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CBN says banks may raise additional capital after stress tests

🇳🇬 CBN says banks may raise additional capital after stress tests

Nigeria finance Pending · 13/03/2026

The Central Bank of Nigeria (CBN) has said Nigerian banks may be required to raise additional capital following the outcome of a new stress testing ex...

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Shoprite denies shutdown rumours, confirms new Palms, Circle Mall stores this month

🇳🇬 Shoprite denies shutdown rumours, confirms new Palms, Circle Mall stores this month

Nigeria finance Pending · 13/03/2026

Retail chain ShopRite has dismissed rumours that it has shut down operations in Nigeria, confirming plans to open two new stores in Lagos at The Palms...

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NigComSat debunks reports of $11.44 million dispute with Chinese satellite partner

🇳🇬 NigComSat debunks reports of $11.44 million dispute with Chinese satellite partner

Nigeria finance Pending · 13/03/2026

Nigeria Communications Satellite Limited (NigComSat) has dismissed reports suggesting a crisis with Chinese state-owned aerospace firm China Great Wal...

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Lagos Taskforce denies bribery claims over release of impounded vehicles

🇳🇬 Lagos Taskforce denies bribery claims over release of impounded vehicles

Nigeria finance Pending · 13/03/2026

The Lagos State Environmental and Special Offences Unit (Taskforce) has refuted allegations that its officials collect bribes before releasing impound...

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Centum ends 25-year Sidian Bank investment with final stake sale

🇰🇪 Centum ends 25-year Sidian Bank investment with final stake sale

Kenya finance Pending · 14/03/2026

Investment firm closes a chapter in Sidian Bank after a series of stake sales that followed the......

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Former Bank of Tanzania governor Idris Rashidi dies at 78

🇹🇿 Former Bank of Tanzania governor Idris Rashidi dies at 78

Tanzania finance Pending · 13/03/2026

The fourth governor of the Bank of Tanzania, Idris Rashidi, has died at the age of 78....

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CRDB Bank to send 10 winners to watch FIFA World Cup matches in US and Canada

🇹🇿 CRDB Bank to send 10 winners to watch FIFA World Cup matches in US and Canada

Tanzania finance Pending · 13/03/2026

In addition to the grand prizes, another 10 participants will win an 85-inch modern television......

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