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Economy

New banks minimum capital requirement will strengthen financial system – Expert

A financial expert, Prof. Uche Uwaleke, has commended the Central Bank of Nigeria (CBN) for raising the minimum capital requirement for Nigerian banks. Uwaleke, a...
Economy

African countries ‘ll dominate world’s 10 growing economies, says ECA

African countries are predicted to dominate the world’s top 10 highest growing economies in 2024, Economic Commission for Africa (ECA) says in its Economic...
Cover Stories

CBN raises banks’ capital base from N25bn to N200bn

The Central Bank of Nigeria (CBN), has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from N25 billion to...
Cover Stories

Binance executive sues NSA Ribadu, EFCC over detention

The detained Binance executive, Tigran Gambaryan, has sued the National Security Adviser, NSA, Nuhu Ribadu, and the Economic Financial Crimes Commission, EFCC, over alleged...
Cover Stories

Bamboo plant a cost-effective alternative to steel, iron rods in buildings – experts

Experts in the construction industry have called for further studies on the use of bamboo as a mainstream building material in Nigeria. The experts made...
Business

Naira gains 6% at official market

The Naira appreciated against the dollar by 5.97 per cent at the official market by the close of Wednesday’s trading session, according to data...
Business

CBN sells dollars to BDCs at N1,251/$1

The Central Bank of Nigeria (CBN) has sold dollars to Bureau De Change operators at the rate of N1,251/$1. According to a statement issued by the apex...
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The National Hajj Commission of Nigeria (NAHCON) says that...

Alleged N80bn fraud: EFCC declares Yahaya Bello wanted

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FirstBank announces corporate name change

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