JUST IN: Tinubu’s Govt to create credit guarantee company before end of Q2 2025
By Babs Bello
President Bola Tinubu says his administration plans to set up a National Credit Guarantee Company before the end of the second quarter...
FirstBank lays off 100 senior staff in major restructuring effort — Report
FirstBank, Nigeria's oldest financial institution and a key entity under FBN Holdings, has reportedly exited nearly 100 senior staff members in a significant organisational...
MRS wins PPL 303-DO license, outbids E&P
In a high-stakes rebidding for the PPL 303-DO, MRS Oil and Gas Company Limited secured victory over NNPC Exploration and Production Limited by offering...
CBN sets N100,000 daily POS withdrawal limit for customers
The Central Bank of Nigeria (CBN) has introduced a daily cash withdrawal limit of N100,000 per customer for Point of Sale (POS) transactions.
This new...
Senate moves to end use of foreign currencies, pushes for Naira-only transactions
In a bold move to restore Nigeria’s monetary sovereignty, the Senate has taken steps to end the use of foreign currencies for transactions within...
