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CBN Orders Instant ATM Refunds, Tightens Oversight on Banks and Payment Operators
The Central Bank of Nigeria (CBN) has issued new draft guidelines mandating banks to provide instant refunds for failed Automated Teller Machine (ATM) transactions,...
Historic Crypto Market Meltdown Wipes Out $19 Billion in 24 Hours as Trump’s China...
The cryptocurrency market experienced its most devastating single-day crash on record on Friday, erasing over $19 billion in value within just 24 hours.
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Nigeria’s Public Debt Hits N152.4tn as Weak Naira, Borrowing Costs Deepen Fiscal Strain
Nigeria’s total public debt has climbed to N152.40 trillion as of June 30, 2025, according to new data from the Debt Management Office (DMO)....
CBN Gov. Confirms AI Adoption in Nigeria’s Monetary Policy, Says Crypto Guidelines Coming Soon
Nigeria’s Central Bank Governor, Yemi Cardoso, has confirmed that the bank has officially adopted artificial intelligence (AI) in its monetary policy framework, particularly for...
Geregu Power Reports N11.151bn Profit, 82% Surge in Q3 Despite Rising Input Costs
Geregu Power Plc has posted a strong financial performance for the third quarter of 2025, recording a pre-tax profit of N11.151 billion, an 82.47%...