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CBN grants IOCs access to repatriate 100% export proceeds

Vanguard Nigeria • 25 Mar 2026, 22:38

The Central Bank of Nigeria, CBN, on Wednesday, granted International Oil Companies (IOCs) unfettered access to repatriate 100 percent of their export proceeds through Authorised …

The Central Bank of Nigeria, CBN, on Wednesday, granted International Oil Companies (IOCs) unfettered access to repatriate 100 percent of their export proceeds through Authorised Dealer Banks (ADBS). The post CBN grants IOCs access to repatriate 100% export proceeds appeared first on Vanguard News.

CBN reaffirms oversight, assures stability of Union Bank after court ruling

Vanguard Nigeria • 25 Mar 2026, 21:54

The Central Bank of Nigeria (CBN) on Wednesday assured the public of the stability of Union Bank PLC, saying it will continue to provide regulatory oversight of the bank and revie…

The Central Bank of Nigeria (CBN) on Wednesday assured the public of the stability of Union Bank PLC, saying it will continue to provide regulatory oversight of the bank and review the court judgement regarding its intervention in the bank. The post CBN reaffirms oversight, assures stability of Union Bank after court ruling appeared first on Vanguard News.

Congolese rapper, Gims, arrested in Paris over alleged money laundering

Africanews EN • 25 Mar 2026, 21:07

Africa Intelligence is reporting that the singer, whose real name is Gandhi Djuna, was taken into custody at Roissy-Charles de Gaulle airport

Africa Intelligence is reporting that the singer, whose real name is Gandhi Djuna, was taken into custody at Roissy-Charles de Gaulle airport

Saudi Arabia looks to Africa as it spreads its economic wings

African Business • 25 Mar 2026, 20:19

The Gulf powerhouse is seeking to ramp up its trade and investment links with Africa across a number of sectors, reports Ben Payton.

The Gulf powerhouse is seeking to ramp up its trade and investment links with Africa across a number of sectors, reports Ben Payton.

UN declares transatlantic slave trade a crime against humanity, demands reparations

Africanews EN • 25 Mar 2026, 20:17

The landmark resolution was an historic victory for Ghana which tabled the motion earlier this month.

The landmark resolution was an historic victory for Ghana which tabled the motion earlier this month.

CBN Governor Cardoso woos foreign investors, says Nigeria’s bad systemic past dead and buried

Premium Times Nigeria • 25 Mar 2026, 18:30

For Mr Cardoso, the message to investors was unequivocal: Nigeria is open for business under a new economic order. “Investment worries are now something of the past,” he says. The…

For Mr Cardoso, the message to investors was unequivocal: Nigeria is open for business under a new economic order. “Investment worries are now something of the past,” he says. The post CBN Governor Cardoso woos foreign investors, says Nigeria’s bad systemic past dead and buried appeared first on Premium Times Nigeria.

Protesters in South Africa call for stricter immigration laws and border controls

Africanews EN • 25 Mar 2026, 17:34

A controversial civic group took to the streets of Durban on Wednesday to demand the immediate arrest of illegal immigrants.

A controversial civic group took to the streets of Durban on Wednesday to demand the immediate arrest of illegal immigrants.

South Africa's top cop to be charged in corruption case

Africanews EN • 25 Mar 2026, 16:57

National Police Commissioner Fannie Masemola has been served with a summons to appear in court next month, said a spokesman for South Africa's National Prosecuting Authority

National Police Commissioner Fannie Masemola has been served with a summons to appear in court next month, said a spokesman for South Africa's National Prosecuting Authority

In search of gas supplies: Italian Prime Minister Meloni visits Algiers

Africanews EN • 25 Mar 2026, 16:08

Italy's Prime Minister Giorgia Meloni travelled to Algiers on Wednesday. It is her second visit to Algeria since taking office and Meloni comes with clear goals: more gas supplies…

Italy's Prime Minister Giorgia Meloni travelled to Algiers on Wednesday. It is her second visit to Algeria since taking office and Meloni comes with clear goals: more gas supplies and tighter relations.

Court nullifies CBN’s takeover of Union Bank, says regulator acted beyond powers

Premium Times Nigeria • 25 Mar 2026, 16:04

The court nullified the entire regulatory intervention, including capitalisation process carried out by the CBN-appointed interim board. The post Court nullifies CBN’s takeover of…

The court nullified the entire regulatory intervention, including capitalisation process carried out by the CBN-appointed interim board. The post Court nullifies CBN’s takeover of Union Bank, says regulator acted beyond powers appeared first on Premium Times Nigeria.

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