Nigeria and Angola Forge New Financial Bridge Through CBN–Bank of Angola MoU
On Thursday in Washington D.C., the Central Bank of Nigeria (CBN) and the Bank of Angola signed a Memorandum of...
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Royal Exchange Sees 90% Surge in Q3 Pre‑Tax Profit to N1.49 Billion
Royal Exchange Plc has released its unaudited financials for the third quarter ended September 30, 2025, revealing a pre‑tax profit...
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United for Food, United for Africa: Sterling Bank’s Vision for Food Security
As the world marks World Food Day 2025, Sterling Bank Ltd underscores its enduring pledge to a food-secure Africa. The...
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Bank Fees and Taxes Are Crippling Nigerian Businesses, Central Bank Survey Finds
A new report from the Central Bank of Nigeria reveals that the nation’s businesses are being fundamentally hampered by excessive...
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Nigeria’s Inflation Eases to 18.02% as Food, Energy Prices and FX Pressures Cool
The Consumer Price Index (CPI) eased to 18.02 per cent in September, down from 20.12 per cent in August, the National Bureau...
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KongaPay Surpasses 100,000 Users, Celebrates by Rewarding Its Community
KongaPay, the financial‑tech arm of Nigeria’s leading e‑commerce brand Konga, has officially crossed the 100,000 active user mark: a milestone...
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Nigeria Eyes Economic Turnaround as FX Trades Soar and Current Account Set to Top $20B
The Governor of Nigeria’s Central Bank, Olayemi Cardoso, is actively courting investors, citing a jump in foreign exchange (FX) market...
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Naira Gaining Ground: Cardoso Says Economic Reforms Are Paying Off
Nigeria’s Central Bank Governor, Yemi Cardoso, says recent economic reforms have made the naira more competitive and resilient globally. Speaking...
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Regalins, Prestige Assurance Shine as NGX Closes Tuesday in the Red Zone
The Nigerian All‑Share Index (ASI) wrapped up Tuesday’s session nearly flat, dropping just 6.3 points to settle at 147,710.96, down...
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IMF Boosts Nigeria’s Growth Outlook: 3.9% in 2025, 4.2% in 2026
The International Monetary Fund (IMF) has raised its projection for Nigeria’s economic growth to 3.9 percent in 2025 and 4.2 percent in...
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