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The Central Bank of Nigeria (CBN) and deposit money banks are reviewing excessive transaction alerts and customer charges amid complaints from bank users over confusing debit notifications and deductions. The post CBN, banks reviewing excess customer alerts, charges appeared first…
Read moreNigeria’s gross external reserves rose to $49.49 billion as of May 15, 2026, marking a rebound from $48.35 billion recorded at the end of March 2026. The post Nigeria’s external reserves rebound to $49.49 billion in May — Cardoso appeared…
Read moreHigh logistics and energy costs are increasingly pushing Micro, Small and Medium Enterprises (MSMEs) out of Nigeria’s export market, according to the newly released 3T Impex Non-Oil Export Index Report 2026. The post High logistics, energy costs pushing MSMEs out…
Read moreThe Nigerian Exchange closed lower on 20 May 2026, shedding 2,571.7 points as bearish sentiment pushed the All-Share Index down to 249,063.7 at the end of trading. The post Nigerian All-Share Index sheds 2,571 points, slips below 250,000-threshold appeared first…
Read moreThe Central Bank of Nigeria’s Monetary Policy Committee (MPC) completed their 305th meeting on 19–20 May 2026. Result? They kept everything unchanged after the slight cut in February. The post MPC holds all rates steady: What this means for…
Read moreThe National Drug Law Enforcement Agency (NDLEA) has dismantled a transnational methamphetamine production syndicate allegedly operated by a Nigerian drug cartel in collaboration with Mexican nationals, recovering illicit substances valued at over N480 billion and arresting 10 suspects. The post…
Read moreThe Monetary Policy Committee (MPC) of the Central Bank of Nigeria has voted to retain the Monetary Policy Rate (MPR) at 26.5% following its 305th meeting. The post CBN retains MPR at 26.5% as MPC concludes 305th meeting appeared first…
Read moreNewly listed Zichis Agro-Allied Industries Plc, said it aims to rake in N540 million in monthly revenue after ramping up production capacity and expanding its land bank, with the company’s animal feed production scaling up to five tonnes per hour. …
Read moreThe Nigerian All-Share Index closed higher at the end of trading on 19 May 2026, gaining 1,324.1 points to settle at 251,635.4, snapping a four-session losing streak, supported by gains in BUA Cement and large-cap banking stocks. The post BUA…
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