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The Central Bank of Nigeria (CBN) has set a maximum transaction limit of N20,000 within the first 24 hours of activating a mobile banking application on a new device. This is contained in a CBN circular issued to all financial…
Read moreI write with joy as an alumnus of the FCMB Group. I have just seen a report suggesting that the group has met the statutory capital requirement. They have hit the N500 billion mark and retained their international banking licence.…
Read moreThe Central Bank of Nigeria (CBN) has introduced stricter controls on suspected fraudulent transactions, BVN enrolment, and data access within the banking system. The post CBN tightens BVN rules, introduces fraud watchlist for banking customers appeared first on Nairametrics.
Read moreFrance and Italy have opened talks with Iran as they reportedly seek to negotiate a deal to guarantee safe passage for their ships through the Strait of Hormuz. Reuters cited a Financial Times report on Friday, which stated that the…
Read morePresident Bola Ahmed Tinubu has approved the establishment of a Presidential Petroleum Reform & Value Optimisation Taskforce aimed at accelerating structural reforms in Nigeria’s petroleum sector and unlocking billions of dollars in capital for the industry. The initiative, announced in…
Read moreA Federal High Court in Ikoyi, Lagos, has ordered the temporary seizure of a N1.3 billion hotel linked to Edward Olutoke, Managing Director of the Ikeja Chamber of Commerce, Industry and Agriculture, over an alleged forex and investment fraud. The…
Read moreGovernor Babagana Zulum has approved the immediate recruitment of 473 medical personnel and a 40 per cent rural posting allowance for nurses to strengthen healthcare delivery across Borno State. The development was disclosed in Maiduguri by Prof. Abubakar Kullima, Chief Medical Director…
Read moreSycamore Integrated Solutions Limited has officially opened subscriptions for its ₦3 billion Series 1 Commercial Paper Issuance, offering qualified investors the opportunity to participate in a high-yield short-term debt instrument under the company’s ₦20 billion Commercial Paper Programme. The offer,…
Read moreThe NGX All-Share Index wrapped the trading session of March 13, 2026, up 1,498.6 points to 198,407.3, with BUA Cement Plc and Guinness Nigeria Plc among the day’s advancers. The post Guinness, BUA Cement shine as NGX Index breaks above 198,000 appeared first on Nairametrics.
Read moreThe Economic and Financial Crimes Commission (EFCC) has returned a total of $225,895 and N62,790,000 to foreign victims of fraud. The post EFCC returns $225,895, N62.79m to foreign victims of fraud appeared first on Nairametrics.
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