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October 31, 2026 - 5:32 AM

Business

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CBN Data Localisation Rule: Only 59% of Banks and Fintechs Ready for January Deadline

Just 59 percent of Nigerian banks, fintechs and financial institutions are able or likely to meet the January 1, 2027 deadline set by the...

DMO Rejects N1.84 Trillion in Treasury Bills Bids as One Year Rate Drops to 15.80%

The Debt Management Office (DMO) on Friday turned away about N1.84 trillion worth of bids from investors, allocating only N71.16 billion in Nigeria's Treasury...

Nigeria’s Remittance Inflows Hit Record $1.57 Billion as June Receipts Surge

The amount of remittances sent into Nigeria by members of the Nigerian diaspora through International Money Transfer Operators in the second quarter of 2026...

Dangote Refinery IPO Attracts $1.6 Billion as Investors From 119 Countries Apply

The Dangote Petroleum Refinery IPO has attracted subscription of up to $1.5 billion and $1.6 billion from local and retail investors. International subscriptions have also...

Naira Gains N8 Against Dollar in Biggest Daily Rise Since August

The Naira rose N8 against the dollar to close at N1357/$ on Tuesday, October 27, in the biggest single day rise since August at...

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