Economy & Finance

Equity market

Nigerian Equity Market Rebounds with N54bn Gain After Three-Day Decline

Nigerian equity market rebounds with a N54bn gain after three-day losses. NGX All-Share Index climbs ...
EFCC

Oba Otudeko Faces EFCC Over Alleged ₦12.3bn Fraud Amid Reports of Sudden Exit

EFCC moves to arraign Oba Otudeko over alleged ₦12.3 billion fraud amid reports of his ...
CBN

CBN Unveils Digital Tools to Revolutionize Payment Processes

The CBN has introduced DocFlow and the MDA Naira Payment Solution to simplify financial transactions ...
Court order

First Bank Secures Court Order to Seize Oil Vessel Over $225 Million Debt

First Bank of Nigeria secures a court order to seize General Hydrocarbons Limited’s oil vessel ...
Oil Dispute

First Bank Faces Legal Heat Over $225 Million Oil Sector Dispute

First Bank and General Hydrocarbons Limited are locked in a $225 million legal dispute over ...
cash shortage

CBN Fines Nine Banks ₦150 Million Each Over ATM Cash Shortage

The CBN fines nine banks ₦150 million each for failing to provide cash at ATMs, ...
CBN

CBN Suspends Extension of Export Proceeds Repatriation

The CBN suspends the extension of export proceeds repatriation deadlines, mandating stricter compliance with export ...
CBN

CBN Unveils Non-Resident Accounts to Boost Diaspora Investments

The CBN launches Non-Resident Nigerian accounts to attract diaspora remittances and foster local investments in ...
inflation

Nigeria’s Inflation Rate May Drop to 27% by December, Experts Predict

Nigeria’s inflation rate could decline to 27% by December, driven by stabilizing naira, pro-growth policies, ...

First Bank Shareholders Push for Otedola’s Removal Amid Fraud Allegations

First Bank shareholders seek Femi Otedola’s removal as Chairman over alleged fraud, sparking calls for ...

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Today in History

July 30th is the day in 762 that Baghdad is founded by caliph Al-Mansur.

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