IPO: Dangote Petroleum Refinery extends offer period by two weeks
A Nigerian oil refinery owned by Africa's richest man is extending the deadline for its initial public offering in order to broaden participation, its owner said Monday.
ATM transactions rise 208% to N89trn
By Elizabeth Adegbesan The value of Automated Teller Machines (ATM) transactions grew sharply by 208.4 percent year-on-year (YoY) to N89.12 trillion in 2025 from N29.12 trillion in 2024. The Central Bank of Nigeria, CBN, disclosed this in its 2025 Annual Report noting that the increase in ATM transactions reflects user preferences, adoption of digital channels, […]
ATM transactions rise 208% to N89trn
By Elizabeth Adegbesan The value of Automated Teller Machines (ATM) transactions grew sharply by 208.4 percent year-on-year (YoY) to N89.12 trillion in 2025 from N29.12 trillion in 2024. The Central Bank of Nigeria, CBN, disclosed this in its 2025 Annual Report noting that the increase in ATM transactions reflects user preferences, adoption of digital channels, […]
FG’s crude export earnings dip 14% to $31.54bn in 2025 — CBN
By Ediri Ejoh The Federal Government’s (FG) crude oil export earnings fell 14.41 percent to $31.54 billion in 2025 from $36.85 billion recorded in the corresponding period of 2024. The drop was attributed to lower international crude oil prices arising from a global supply glut in the review period. The Central Bank of Nigeria, CBN, made […]
Bank customers’ complaints rise 11% as CBN orders N19bn refunds
•Slams N1.69bn penalties on banks’ breaches By Babajide Komolafe Bank customers lodged 23,129 complaints against financial institutions in 2025, representing 11 per cent increase over the previous year, prompting the Central Bank of Nigeria, CBN, to order refunds totaling N19.12 billion and $329.3 million to affected consumers. The apex bank also imposed N1.69 billion in penalties […]
Pension fund down by 1.9% to N30.7bn
The total pension fund assets declined by 1.9 per cent or N623.6 billion Month-on-Month, MoM, to N30.7 trillion in June from N31.3 trillion recorded in May 2026.
