Business

CBN orders banks to block loan defaulters from new credit

The Central Bank of Nigeria (CBN) has directed commercial banks across the country to stop granting new credit facilities to…

4 days ago

Stock market rebounds as investors gain N648bn

The Nigerian stock market rebounded on Thursday after two consecutive sessions of decline, with investors gaining N648 billion in market…

4 days ago

Cardoso: Financial sector reforms rebuilding Nigeria’s economy

The Central Bank of Nigeria (CBN) has stated that ongoing reforms in the financial sector are strengthening the foundations of…

5 days ago

Indorama, Nigerian Breweries, Genesis Energy partner to build rPET recycling plant in Lagos

Indorama Ventures, Nigerian Breweries Plc and Genesis Power & Energy Solutions Ltd have announced a strategic partnership to establish one…

5 days ago

Stock market investors lose N107bn

The Nigerian stock market extended its bearish performance on Wednesday, March 11, 2026, as investors' wealth declined by N107 billion.…

5 days ago

Naira appreciates to N1,376/$ at official market

The naira appreciated further at the official market on Wednesday, March 11, 2026, trading at N1,376.19 to the United States…

5 days ago

Stock market reverses bullish trend as investors lose N726bn

The Nigerian stock market closed on a negative note on Tuesday, March 10, 2026, reversing the gains recorded in the…

6 days ago

Naira trades N1,401/$ at official market

The naira appreciated at the official market on Tuesday, March 10, 2026, trading at N1,401.40 against the United States dollar.…

6 days ago

FG considers policy adjustments as Middle East tensions threaten Nigeria’s economy

The Federal Government of Nigeria says it may adjust economic policies if necessary as escalating tensions in the Middle East…

6 days ago

CBN extends AML compliance deadline for banks

The Central Bank of Nigeria (CBN) has extended the timeline for financial institutions to comply with its newly introduced baseline…

6 days ago

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