Nigerian banks and fintechs are increasingly under pressure to localize their payment transaction data to meet the Central Bank of Nigeria’s (CBN) compliance date...

Business

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

Ken Ibenne - November 6, 20260

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...

Business

Keystone Bank Chairman, Chukwudozie, Bags CIBN Honorary Fellowship

Kenechukwu Ofomah - November 2, 20260

The Chartered Institute of Bankers of Nigeria (CIBN) has conferred Honorary Fellowship on the Chairman of Keystone Bank Limited, Lady (Dr.) Adaora Ogochukwu Chukwudozie,...

Business

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

Ken Ibenne - November 4, 20260

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...

Business

Dangote Urges Lotus Capital to Expand Financing for Nigeria’s Real Sector

Ken Ibenne - November 2, 20260

Aliko Dangote, President & Chief Executive Officer of Dangote Industries Limited has encouraged Lotus Capital Limited to provide more funding to the real sector. Lotus...

Business

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