NGX Sheds N183bn Amid Decline in Blue-Chip Stocks The Nigerian Exchange recorded a loss of N183bn at the close of trading on Tuesday, as bearish sentiments continued to weigh on key market indicators, dragging several blue-chip stocks into negative territory. Market data from the NGX revealed...

Reps Launch Probe into Alleged N1.12tn Anchor Borrowers Fund Diversion The House of Representatives Committee on Nutrition and Food Security, on Tuesday, commenced a probe into how the N1.12tn meant for the execution of the Anchors Borrowers Programme was allegedly diverted by Ministries, Departments and...

It is becoming clear that the Central Bank of Nigeria (CBN) is moving from a crisis-era leniency to institutional discipline. The apex bank is reaffirming its commitment to strengthening capital adequacy and financial accountability across the nation’s banking industry.

The Economic and Financial Crimes Commission (EFCC) on Monday arraigned the former governor Central Bank of Nigeria (CBN), Godwin Emefiele on fresh charges related to the unlawful acquisition of the recovered 753 housing units.

The Central Bank of Nigeria (CBN) is scheduled to hold a primary market auction next week on Wednesday, where the authority will offer N162.018 billion.

The Central Bank of Nigeria (CBN) has issued a directive instructing banks operating under regulatory forbearance to suspend dividend payments, defer bonuses for executives, and halt investments in foreign subsidiaries or offshore ventures.