United Bank for Africa says Tony Elumelu will step down as chairman in 2026 in line with CBN rules, while Emmanuel Nnorom takes over leadership.
CBN has withdrawn the operating licenses of 46 MfBs effective July 1 due to non-compliance with BOFIA 2020 and other regulatory issues.
The Central Bank of Nigeria has reshuffled its deputy governors, moving Philip Ikeazor to policy and Abdullahi to corporate services.
If Nigeria truly hopes to build a resilient and inclusive economy, then the banking sector must once again become a vehicle for national development rather than...
The positive outcomes are measured not just by numbers but by the renewed confidence of investors, the resilience of businesses, and the improved prospects for millions...
Court orders ex-Skye Bank chairman held in custody pending bail hearing in EFCC’s fraud case involving ₦15.66bn.
Otherwise, the uncomfortable truth will persist; one well-capitalised bank elsewhere will continue to stand taller than an entire banking system at home. Whilst a $1 trillion...
CBN cautions Nigerians to avoid sharing sensitive data as cyber fraud attempts targeting bank users increase.
Manufacturing tax contributions rose sharply in 2025, hitting N1.17tn VAT and N881bn CIT, reinforcing Nigeria’s non-oil revenue base.
CBN intervened in Union Bank over alleged risky transactions and governance issues, with audit findings pointing to undisclosed financial dealings.
The Social Democratic Party has urged Chief of Staff Femi Gbajabiamila to resign over the PFIPC controversy, while raising concerns...
Iranian state media reported that a military facility near Bushehr was hit by a projectile and blamed the US and...
Former Code of Conduct Tribunal Chairman Danladi Umar has been remanded in Kuje Correctional Centre after his arraignment on four...
Governor Dauda Lawal says he rejected a ₦300 million ransom demand after his brothers were kidnapped, warning that ransom payments...
Traffic along the Mile 2-Wharf-Apapa corridor worsened after hundreds of trucks blocked the port access road, disrupting transport, businesses and...
France have lost their appeal against Michael Olise's yellow card from the World Cup last-16 win over Paraguay, leaving the...
Russia has imposed a temporary diesel export ban as fuel shortages spread across the country following weeks of Ukrainian attacks...
Against that backdrop, Falana warned that any failure by the Federal Government to adequately fund poverty reduction programmes in the...
Didier Deschamps says France must improve their finishing against Morocco despite leading the FIFA World Cup scoring charts with 14...
The agricultural sector in Nigeria is systematically crumbling and affecting every other part of the Nigerian economy, banking and financial...
Nigeria's pressing economic crises are inextricably intertwined with its deteriorating security architecture. Meaningful infrastructural development, economic diversification, and structural reforms...
Amadou Onana will miss the remainder of the 2026 FIFA World Cup after tearing his ACL during Belgium's victory over...
Switzerland edged Colombia 4-3 in a penalty shootout after 120 goalless minutes to advance to the 2026 FIFA World Cup...
The 2026 FIFA World Cup quarter-final lineup is complete. Check the full fixtures, qualified teams, match dates, venues and kick-off...
Lionel Messi has moved back to the top of the 2026 FIFA World Cup Golden Boot race ahead of Kylian...
Argentina fought back from two goals down to beat Egypt 3-2 in the 2026 FIFA World Cup, with Lionel Messi...
The defeat marked the end of Portugal’s journey in the tournament and brought the curtain down on Ronaldo’s World Cup...
Ghana's football history proves beyond doubt that the nation has produced generations of outstanding football minds. The legends who conquered...
An emotional Neymar hinted at retirement from international football after Brazil’s World Cup exit following a 2-1 defeat to Norway.