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CBN Slams Up to N10 Million Fine on Banks and Cheque Printers for Security Breaches

Nigeria, Feb. 13 -- In a circular dated February 10 and signed by Hamisu Abdullahi, Director of Banking Services, the regulator said the revised sanctions are designed to strengthen the safety and rel... Read More


NBET Receives Just N60m From N858bn Power Sector Allocation in 2025

Nigeria, Feb. 13 -- Acting Managing Director Johnson Akinnawo disclosed this during the agency's budget performance review before the Senate Committee on Finance. He said the limited release severely ... Read More


Super Eagles Coach Eric Chelle Linked With Marseille Vacancy After De Zerbi Exit

Nigeria, Feb. 12 -- Marseille started looking for a new manager following a severe 5-0 league loss to Paris Saint-Germain, which marked the end of De Zerbi's stay at the team. Reports from France sug... Read More


Nottingham Forest Sack Sean Dyche After Four Months

Nigeria, Feb. 12 -- Forest's third head coach of the 2025-26 season, Dyche, took over in October. His departure follows an exasperating scoreless draw against Wolves, in which Forest fired 35 shots ye... Read More


Nigeria Oil Production Climbs to 1.459m Bpd in January 2026 but Misses OPEC Target

Nigeria, Feb. 12 -- The graph shows an increase of 37,000 barrels per day from the 1.422 million barrels documented in December 2025. Although the performance improved, output was still below Nigeria'... Read More


CBN Reopens Official FX Window to BDCs with 150000 Dollar Weekly Limit

Nigeria, Feb. 11 -- The approval, conveyed in a circular dated February 10, 2026, and signed by the Director of Trade and Exchange, Musa Nakorji, allows BDCs to source forex through authorised dealer ... Read More


CBN Locks In S4 as Sole Platform for Treasury Auctions, Signals Next Phase

Nigeria, Feb. 10 -- The clarification follows the February 2026 Treasury Bills auction, in which the Federal Government offered N1.15 trillion across three tenors through a fully electronic, centralis... Read More


Finidi Admits Rivers United Fell Short After Heavy Loss to Pyramids

Nigeria, Feb. 10 -- The Nigerian champions had hoped to revive their campaign against the North African giants following a slow start to the group stage. While Rivers United showed promise in the ope... Read More


Nigeria Slips in Global Internet Speed Ranking Despite Wider Access

Nigeria, Feb. 10 -- Despite increasing internet penetration, Nigeria's median mobile download speed in December 2025, according to the most recent Speedtest Global Index published by the US-based firm... Read More


Naira Firms to N1,354.9 per Dollar as FX Sentiment Improves Ahead of MPC

Nigeria, Feb. 10 -- Data released by the Central Bank of Nigeria show the local currency closed at N1,354.9 per dollar, up from N1,384.5 on the same day last week. The action notes the naira's best pe... Read More