The Nigeria Deposit Insurance Corporation (NDIC) says it has begun the process of concluding the liquidation of 89 closed Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs) following their acquisition by new owners.

The Senate, through its Committee on Public Accounts, has given the management of Nigerian National Petroleum Company Limited (NNPCL) tlil April 29 to appear before it to account for the N210 trillion flagged in audit reports from 2017 to 2023.

XRP price surged to $1.39 over the past 24h, outpacing a broader market that rose 0.88%, primarily driven by a viral social catalyst from a rival blockchain.

The naira traded stable at the Nigerian foreign exchange market (NFEM) on Wednesday, closing the session at N1343 per dollar, according to the Central Bank’s daily FX publication.

The Nigerian Exchange (NGX) All-Share Index soared sharply midweek, driven by positive price movement recorded by some blue-chip companies.

Nairobi Securities Exchange Rises as TotalEnergies, Eaagads Rally Kenya: Equity prices rose by 0.2%, closing at 206.33 points on the…

Ripple (XRP) price rose to $1.38 after Rakuten Pay integrated the token for Payments, triggering fresh buying in the cryptocurrency market on Wednesday. Trading volume stands at $2.4 billion, down by 25% over the last 24 hours, while the market cap of XRP topped $84 billion.

Dangote Sugar Refinery Plc has received shareholders’ approval for a N500 billion Rights Issue, thus positioning the company to strengthen its financial standing, expand its capital base, and accelerate strategic initiatives.

Nigeria’s headline inflation rate increased to 15.38% year on year, according to consumer price index data released by the national statistics office on Wednesday.

Seplat Energy Tops N10k Per Share, Highest in 52-Week