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The Economic and Financial Crimes Commission (EFCC) has been urged to investigate an alleged fraud and impersonation involving a $300 million investment claim in the River Park Estate dispute. The post River Park Estate: Lawyer asks EFCC to probe alleged…
Read moreThe Nigerian equities market extended its decline on Wednesday, August 12, 2026, as heavy selling in consumer goods stocks and selected large-cap counters wiped approximately N1.76 trillion off market capitalisation. The post Consumer goods selloff wipes N1.76 trillion from NGX…
Read moreThe Central Bank of Nigeria (CBN) raised the stop rate on its benchmark 364-day Treasury Bill to 17.59% at Wednesday’s auction, defying expectations that overwhelming demand would push borrowing costs lower. The post CBN hikes rates to 17.59% despite overwhelming…
Read moreLagos State has provided electric vehicle (EV) charging points at its 7,000-square-metre fresh food hub in Pen Cinema, Agege, as part of the facility’s infrastructure. The post Lagos adds EV charging points to 7,000 sqm Agege food hub appeared first…
Read moreThe naira strengthened to N1,360.15/$ at the Nigerian Foreign Exchange Market (NFEM) on Wednesday, its strongest closing level since June 16. The post Naira strengthens to N1,360/$, strongest level since June appeared first on Nairametrics.
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Today, transaction monitoring has become one of the most important indicators of an institution’s operational resilience, governance maturity and ability to protect its customers. The post From compliance to competitive advantage: why transaction monitoring has become a boardroom issue for…
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Foreign exchange turnover on the Nigerian Foreign Exchange Market (NFEM) fell to $185 million on August 11, 2026, marking the lowest level in 11 weeks as activity in the FX market thinned. The post NFEM turnover crashes to $185 million,…
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Dangote Petroleum Refinery and Petrochemicals has clarified its position following recent reports referencing data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which suggested that the refinery rejected 15.5 million barrels of crude oil offered by local producers in…
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The Central Bank of Nigeria (CBN) pumped a net N5.21 trillion into the banking system over the past week, with a single N2.48 trillion Open Market Operations (OMO) repayment on August 11, the week’s largest one-day liquidity injection. The post…
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In late 2013, an intrusion quietly took shape inside the network of Target, one of America’s largest retailers. The breach ultimately exposed the payment card data of roughly 40 million customers and personal information belonging to about 70 million people.…
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