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Business & Economy

Lagos court nullifies CBN intervention in Union Bank, restores board

A Federal High Court sitting in Lagos on Wednesday nullified the January 2024 dissolution of the board and management of Union Bank of Nigeria...

Why pay rent endlessly when you can own your dream home now?

For many Nigerians, owning a home remains a lifelong aspiration—often delayed by years of saving, rising construction costs, and limited access to affordable credit....

From rent to keys: FirstBank offers ₦100m home loans at 9.75%

How FirstBank is quietly changing the homeownership story for Nigerians For many Nigerians, owning a home has long felt out of reach—something to dream about,...

Tinubu taps GTBank co-founder, Fola Adeola to head Petroleum Reform Taskforce

President Bola Ahmed Tinubu has appointed banking icon Fola Adeola, co-founder of Guaranty Trust Bank, to chair the newly created Presidential Petroleum Reform and...

CBN orders banks to bind mobile banking apps to single device from July 2026

The Central Bank of Nigeria (CBN) has introduced a raft of new security measures for instant payments, including a rule that restricts mobile banking...

CBN cracks down on chronic loan defaulters as debt overhang weighs on Nigerian banks

Amid growing concerns that mounting bad loans are constraining the performance and lending capacity of Nigerian banks, the Central Bank of Nigeria (CBN) has...

Nigeria posts ₦5.17tn trade surplus in Q1 2025 as exports outpace imports

Nigeria recorded a trade surplus of ₦5.17 trillion in the first quarter of 2025, driven by stronger export earnings and a moderation in import...

Reprieve for Nigerians as Dangote Petroleum Refinery cuts petrol price

Nigerians may see some relief in fuel costs after the Dangote Petroleum Refinery on Tuesday announced a fresh reduction in the gantry price of...

Driving growth through sustainability: FirstBank’s commitment

Sustainability has become a critical priority for businesses and governments across the world, driving growth, innovation, and positive change. As the world grapples with...

Breaking: Tinubu taps ‘taxman’ Oyedele as minister of state for finance

Bola Tinubu has nominated Taiwo Oyedele as Minister of State for Finance, replacing Doris Uzoka-Anite in a move that signals continuity in the administration’s...

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