Standard Bank Becomes First African Lender to Connect Directly to China’s CIPS
Standard Bank has announced that it is now the first African financial institution to establish a direct connection with China’s Cross-Border Interbank Payment System...
Dangote Refinery Faces European Pushback Over Diesel Quality
Dangote Petroleum Refinery is encountering resistance in the European market after traders reported that recent diesel shipments did not meet the continent’s stringent winter...
Nigeria Sees Surge in Foreign Capital Inflows in 2025
Nigeria experienced a significant increase in foreign capital inflows in 2025, receiving a total of $20.98 billion during the first ten months of the...
NRC, Southwest Development Commission to Revive Osogbo–Dagbolu–Erunmu, Idogo Railway Lines
The Nigerian Railway Corporation (NRC) has announced plans to partner with the Southwest Development Commission (SWDC) to reactivate two strategic railway corridors — the...
CBN Confirms 16 Banks Have Met Recapitalisation Target Ahead of 2026 Deadline
The Central Bank of Nigeria (CBN) has confirmed that 16 commercial banks have now met the regulatory recapitalisation threshold, reflecting continued progress in the...
