CBN Bans Banks, Fintechs From International Money Transfers, Increases Application Fee
The Central Bank of Nigeria (CBN) has issued a directive that banks and financial technology companies (fintechs) are no longer...
Sunday, April 5, 2026
News
Forex Crisis: CBN Debunks Plan To Covert $30bn Deposits To Naira
The Central Bank of Nigeria (CBN) has denied any plan to convert the $30billion deposits in domiciliary bank accounts to...
Africa CDC Attributes Severe Cholera Outbreak to Climate Change
The Africa Centres for Disease Control and Prevention (Africa CDC) has linked the continent's worst cholera outbreak in three years...
Atiku Challenges FG’s Directive To Remit Crude Oil Revenue To CBN
Atiku Abubakar, the former presidential candidate of the PDP, has declared the federal government's directive to remit revenue from crude...
NDIC Commences Verification For Creditors Of Defunct Gracefield MFB
The Nigeria Deposit Insurance Corporation (NDIC) has initiated a verification process for creditors of Gracefield Microfinance Bank (MFB) in liquidation,...
WHO Warns Of 77% Surge In Global Cancer Cases By 2050
The International Agency for Research on Cancer (IARC), affiliated with the World Health Organization (WHO), has issued a startling projecton,...
Oil Prices Dip 2% On Rumors Of Israel-Hamas Truce , U.S. Refinery Shutdown
Oil prices experienced a decline of over 2 per cent on Thursday, driven by unverified reports suggesting a ceasefire between...
New Minimum Wage Faces Uncertainty Amidst Soaring Inflation, Economists Warn
In the midst of Nigeria's staggering inflation rate at 28.92 per cent, President Bola Tinubu's move to establish a committee...
Nigeria Launches $617M IDICE Fund To Boost Creative Industries
Federal government, in collaboration with the African Development Bank (AfDB), has finalized plans to unveil a substantial $617 million IDICE...
Shell Profits Plunge 54% As Oil Boom Fizzles, Greenpeace Protests
Energy giant Shell's profits nosedived in 2023, tumbling from a record high of $42.3 billion to just $19.4 billion, marking...
