•May confiscate unutilised balance By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, has directed Bureau De Changes, BDCs, to sell unutilised foreign exchange (FX) balances to the Nigerian Foreign Exchange, NFEM, market within twenty-four (24) hours of the expiry of the utilisation period. The apex bank disclosed this in its regulatory guidance on purchase of […]

The appointment also places the 46-year-old among an exclusive group, as he becomes only the 23rd referee in history to oversee a FIFA World Cup final.

The United States hit Iran on Friday, with Tehran accusing US forces of striking civilians sites and drawing Iranian threats of reprisals on regional infrastructure.

According to the diplomat, Tinubu has repeatedly used international platforms to advocate for reforms that would guarantee Africa, particularly Nigeria, a permanent place on the council.

By Peter Egwuatu  The Securities and Exchange Commission (SEC) has commenced a nationwide enlightenment campaign to help Nigerians recover unclaimed dividends and other monies arising from capital market transactions. The campaign, which began with a town hall meeting in Lagos yesterday, is aimed at sensitising investors on the existence of unclaimed monies, the role of the […]

By Etop Ekanem Nigeria’s foremost development finance institution, Bank of Industry (BoI) has secured a 60 million euro credit facility from the European Investment Bank to fund Nigeria’s cocoa and dairy value addition drive, with a focus on processing, ingredients and chocolate manufacturing. Managing Director/CEO of BoI, Dr. Olasupo Olusi, disclosed this during the Africa Cocoa […]

Speaks on 70th anniversary By Osa Amadi The Chairman of U.O.O Nigeria Plc, Nze Edozie Uche Okafor, has commended the Abia State Governor, Dr. Alex Otti, on the rapid transformation he has brought to the state within a short time. Speaking recently at the 36th Annual General Meeting (AGM) of the company held in Lagos, Edozie […]

The Nigerian naira traded within a relatively stable range against the United States dollar on Friday, July 17, 2026, as the official Nigerian Foreign Exchange Market (NFEM) continued to reflect modest day-to-day movements, while the parallel market maintained a premium over the official window.

•Reforms restore investor confidence •Bigger banks will drive growth – Cardoso By Babajide Komolafe Governor of the Central Bank of Nigeria, CBN, Mr. Olayemi Cardoso, yesterday, said Nigeria’s external reserves have risen to about $52 billion, while net external reserves have exceeded $40 billion. He attributed the improvements to reforms that have restored investor confidence and […]

For millions of Nigerians living with disabilities, the greatest obstacle is not blindness, paralysis, deafness or intellectual disability.