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

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

Ken Ibenne - November 10, 20260

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...

Economy

Reps to Grill Cardoso Over Alleged Breach of CBN Pension Agreements

Esther Okpe - November 3, 20260

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

Finance

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

Ken Ibenne - November 6, 20260

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

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Reps to Grill Cardoso Over Alleged Breach of CBN Pension Agreements

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

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