CBN Introduces N100m Forex Documentation Penalty

The Central Bank of Nigeria (CBN) has introduced a N100 million penalty for banks that process foreign exchange…

ByByAnyanwu Theresa Jun 6, 2026
CBN Raises Foreign Tuition Remittance Limit to $25,000

The Central Bank of Nigeria has increased the maximum tuition fee remittance limit for Nigerian students pursuing undergraduate…

ByByAnyanwu Theresa Jun 4, 2026
Meta Opposes Australia News Payment Law

Meta has criticised Australia’s proposed legislation requiring major technology companies to compensate news publishers for content shared on…

ByByAnyanwu Theresa Jun 4, 2026
NUPRC To Launch New Licensing Round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the 2026 oil and gas licensing round will…

ByByAnyanwu Theresa Jun 4, 2026
SpaceX Targets Record $75bn Share Sale

SpaceX is seeking to raise $75 billion in what could become the largest public share offering in history,…

ByByAnyanwu Theresa Jun 4, 2026
Nigeria Records $10.37bn Capital Inflows

Nigeria attracted $10.37 billion in capital importation during the first quarter of 2026, representing a significant increase from…

ByByAnyanwu Theresa Jun 4, 2026
Marine Assets Key To Africa’s Growth – Olubowale

Africa is entering a critical phase in the development of its maritime industry, with growing investments in deep…

ByByAnyanwu Theresa Jun 4, 2026
IFC, Standard Chartered Unveil $300m Facility

The International Finance Corporation (IFC) and Standard Chartered Bank have launched a $300 million risk-sharing facility aimed at…

ByByAnyanwu Theresa Jun 4, 2026