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Essential Nigeria News

Wednesday, September 23, 2026 Volume XXIII Breaking News & Latest Updates
Prioritise Governance Over Account Openings, CBN Tells Banks Business

Prioritise Governance Over Account Openings, CBN Tells Banks

The Central Bank of Nigeria (CBN) has directed commercial banks to prioritise robust corporate governance and risk management practices over aggressive account opening drives.The apex bank issued the directive amid concerns over rising cases of fraud, money laundering, and compliance breaches linked...

By Esther July 23, 2026
Inflows, FX Reforms Lift External Reserves 58% Under Cardoso Breaking News

Inflows, FX Reforms Lift External Reserves 58% Under Cardoso

Nigeria’s external reserves have surged by 58% since Olayemi Cardoso assumed office as Governor of the Central Bank of Nigeria (CBN), driven by improv...

31 0
2 months ago
Dangote Resumes Naira Petrol Sales, Hikes Price by N140 Business

Dangote Resumes Naira Petrol Sales, Hikes Price By N140

Dangote Petroleum Refinery has resumed sales of Premium Motor Spirit (PMS) in naira, announcing a price increase of N140 per litre amid fluctuating cr...

30 0
2 months ago
Marketers Seek End to Petrol Importation Over Rising Prices Business

Marketers Seek End To Petrol Importation Over Rising Prices

Petroleum marketers have renewed calls for an immediate end to fuel importation, citing escalating costs and the adverse impact on consumers as local...

33 0
2 months ago
Nigeria Joins Africa’s Fastest-Growing Solar Markets – Report Business

Nigeria Joins Africa’s Fastest-Growing Solar Markets – Report

Nigeria has emerged as one of Africa’s fastest-growing solar markets, according to a new industry report, driven by rising energy demand, declining co...

29 0
2 months ago