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CBN implements a revised cash reserve approach

The Central Bank of Nigeria has announced the discontinuation of daily Cash Reserve Ratio debits, opting for an updated Cash Reserve Requirement mechanism. This strategic...

ICAN announces the appointment of a new Registrar/CEO

The Institute of Chartered Accountants of Nigeria has designated Dr. Musibau Olasunkanmi as its new Registrar/Chief Executive. The announcement came on Friday following approval by...

NNPCL has granted concessions for 36 oil blocks to IOCs and other entities

The most recent data from the Nigerian National Petroleum Company Limited reveals that no fewer than 36 oil blocks are currently under concession to...

CBN predicts that the growth of the service sector will be driven by digital lending

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has revealed that in 2024, mobile money and digital lending are expected to spearhead...

Fidelity Bank anticipates facing a litigation-related loss exceeding N1 billion

Fidelity Bank's management anticipates a potential loss of approximately N1.19 billion due to claims and legal proceedings for the fiscal year ending December 2023,...

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Press Release: Formal Clarification on Public Statements Concerning “Ogbori Elemoso”

PRESS RELEASE. FOR IMMEDIATE RELEASE. Formal Clarification on Public Statements Concerning...

Lagos Fashion Week: How Nigerian Style Was Built into a Global Force

Lagos Fashion Week has become the premier fashion event...

ALH. WASIU AYINDE ADESANYA: THE OLORI OMOBA AND POTENTIAL BABA AWUJALE OF IJEBULAND

Controversy surrounds Alhaji Wasiu Ayinde's claim of connection to...
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