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November 10, 2026 - 10:23 PM

Business

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CBN’s January 2027 Data Deadline Puts Banks and Fintechs Under Pressure

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...

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...

Dangote Cement, Transcorp Power Lead N2.32trn NGX Market Rebound

The Nigerian bourse rebounded on Monday, November 9, gaining N2.32 trillion in market capitalisation with Dangote Cement, Transcorp Power and Oando leading the buying...

NGX Industrial Firms Spend N820.7bn on Energy as Costs Rise

Listed industrial companies on the Nigerian Exchange spent N820.7 billion on fuel and power in the first nine months of 2026, reflecting a 6.3...

DMO Projects Nigeria’s Debt Service at 71.7% of Revenue by 2030

Nigeria’s debt service burden is projected to consume 71.7% of Federal Government revenue by 2030, exceeding the Debt Management Office’s recommended threshold of 50%...

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