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November 7, 2026 - 8:29 AM

Business

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CBN Sets ₦15bn Capital Requirement for Dollar Stablecoin Issuers, ₦10bn for Naira Tokens

The Central Bank of Nigeria (CBN) has introduced new capital requirements of ₦15 billion for dollar-denominated stablecoin issuers and ₦10 billion for naira-denominated token...

UN, EU, Germany Rally Investors to Rebuild Borno Economy

The United Nations (UN), European Union (EU), German Government and other international development partners have pledged support for efforts to attract private sector investment...

Naira Slips to N1,350.45/$ at NFEM as November Losses Continue

The naira continued to weaken against the US dollar, closing at N1,350.45 on the Nigerian Foreign Exchange Market (NFEM) on November 5. According to data...

Reps to Grill Cardoso Over Alleged Breach of CBN Pension Agreements

The House of Representatives has resolved to summon the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, over alleged breaches of pension...

Dangote Raises Petrol Price to N1,300 as Depot Owners Adjust Rates

Dangote Petroleum Refinery has increased its petrol gantry price to N1,300 per litre from N1,215, reversing two previous price reductions and triggering fresh adjustments...

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