By Elizabeth Adegbesan   The Central Bank of Nigeria,  CBN,   said it resolved 9,771 out of 10,704 bank customers’ complaints in the first half of the year (H1’25). CBN disclosed this in its latest  Financial Stability Report, noting that the number of complaints received in H1’25 grew by 143.3 percent year-on-year (YoY) from 4,398 complaints in H1’24.   […]

By Luminous Jannamike The Economic and Financial Crimes Commission (EFCC) has uncovered widespread compromise within Nigeria’s financial system, revealing that commercial banks, fintech companies and microfinance banks facilitated the movement of N162 billion in cryptocurrency transactions and   N18.7 billion in fraud proceeds without due diligence, facilitating scams that affected more than 900,000 Nigerians. The Commission said the […]

By Tunde Oso The National Shippers Association of Nigeria (NSAN) has rejected the recent increases in port service charges approved by the Nigerian Shippers’ Council (NSC), warning that the move could raise trade costs and aggravate inflation. Speaking to newsmen on Wednesday, after a maritime stakeholders meeting, the association said the upward review was flawed, […]

By Emeka Anaeto, Business Editor As Nigeria’s economic reforms enters its third year analysts have remained largely optimistic that a sustained policy measures would result in stability across key macroeconomic indicators. This was the major content in the 2026 EnterpriseNGR macroeconomic outlook launched yesterday in Lagos. Speaking on the outlook, Omotayo Muritala, Head of Research at […]

The Canadian Dollar (CAD) has seen a period of relative stability against the Nigerian Naira during early trading on Friday, January 23, 2026.