CBN Orders Systemically Important Banks to Disclose CEO Successors Six Months in Advance
The Central Bank of Nigeria (CBN) has tightened succession planning rules for the country’s largest banks, directing them to announce...
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Nigeria’s Personal Pension Plan Records Nearly 800% Growth in Four Years
Nigeria’s pension industry has recorded one of its fastest-growing schemes in recent years, as the Personal Pension Plan (PPP) surged...
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Budget Minister: Nigeria Requires Massive Investment to Become a Middle-Income Nation
Nigeria's Minister of Budget and National Planning, Atiku Bagudu, stated that the country must secure at least $100 billion in...
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Reforms and Reserves Boost Naira, Say Policy Makers
Nigeria's Monetary Policy Committee (MPC) members are confident that the naira's recent stability will continue. In their July 2025 meeting,...
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CBN Reports 12% Growth in Foreign Reserves
Nigeria's external reserves have seen a significant increase, growing by 12% to reach $41.663 billion, their highest level since November...
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Federal Government Suspends Controversial Free On Board Levy Amid Industry Pushback
The Federal Government has suspended the newly introduced Free on Board (FOB) levy on imported goods, directing the Nigeria Customs...
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Nigeria’s Inflation Rate Slows to 20.1% in August, but Structural Pressures Remain
Nigeria’s headline inflation eased for a fifth consecutive month in August, falling to 20.12% year-on-year from 21.88% in July, according...
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