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This means that a customer cannot operate the same bank mobile application on two different devices simultaneously in Nigeria.
The post CBN restricts mobile banking app operation to one device appeared first on Vanguard News.
“A BVN may remain on this temporary Watchlist for a maximum period of twenty-four (24) hours, during this period, the BVN owner shall be contacted to provide clarification regarding the identified transaction(s).”
The post Banks to establish temporary watchlist for BVNs implicated in suspected fraud appeared first on Vanguard News.
By Babajide Komolafe RMB Nigeria Limited has announced Nigeria as the focus country for the 2026 edition of the RMB Latitudes Art Fair’s International Focus programme, an initiative that spotlights a different African country each year to promote cultural exchange and collaboration across the continent. RMB Nigeria, a member of the FirstRand Group and a leading […]
The post RMB Latitudes Art Fair announces Nigeria focus for 2026 appeared first on Vanguard News.
By Babajide Komolafe Governor of theCentral Bank ofNigeria, Olayemi Cardoso, yesterday said Nigeria’s ongoing macroeconomic reforms have positioned the economy to withstand potential shocks arising from escalating tensions in the Middle East. Cardoso stated this while delivering a Distinguished Alumni Lecture at the Founders Day celebration of St Gregory’s College Lagos in Lagos. He noted […]
The post Nigeria’s economy will withstand shocks from US-Iran war — Cardoso appeared first on Vanguard News.
By Peter Egwuatu, Assistant Business Editor As at today, 12th March 2026, 30 banks out of the 35 banks operating in the country have met the recapitalisation requirement of the Central Bank of Nigeria, CBN, according to findings by Vanguard. The remaining five banks have 19 more days to meet the recapitalisation deadline which ends […]
The post 30 banks meet CBN recapitalisation rules 19 days to deadline appeared first on Vanguard News.
•Urges operators of factories abroad to consider local manufacturing By Yinka Kolawole The Minister of Industry, Trade and Investment, Jumoke Oduwole, has said traders operating within the Lagos International Trade Fair Complex corridor contribute billions of naira to Nigeria’s Gross Domestic Product (GDP), describing the axis as one of the most vibrant commercial hubs in West […]
The post Lagos Trade Fair traders contribute billions to Nigeria’s GDP — Minister appeared first on Vanguard News.
Zara owner Inditex, the world’s leading low-cost fashion retailer, posted a record annual profit for the third year running on Wednesday, seeing off strong international competition.
The post Zara owner Inditex posts record profit in 2025 appeared first on Vanguard News.
Sports car-maker Porsche warned Wednesday of a tough year ahead after its profit virtually vanished in 2025 amid cut-throat competition in China, a costly pivot back to petrol cars and US tariffs.
The post Porsche warns of tough year ahead after torrid 2025 appeared first on Vanguard News.
By Babajide Komolafe The National Sugar Development Council (NSDC) and the Bank of Industry (BOI) have established a N10 billion Sugar Project Acceleration Fund (SPAF) to support the development of greenfield sugar projects across the country. The fund is designed to provide financing and project development support to viable greenfield initiatives, with the aim of accelerating […]
The post Sugar Production: NSDC, BOI establish N10bn fund for greenfield projects appeared first on Vanguard News.
By Udeme Akpan Dangote Petroleum Refinery & Petrochemicals has indicated its commitment to stabilising energy supply to Nigeria amid recent shocks in the international oil market. The ongoing conflict in the Middle East has led to the shutdown of some refineries and cuts in refinery production across the world, resulting in a global scarcity of petroleum […]
The post Dangote Refinery commits to energy stability amid global refineries shutdown appeared first on Vanguard News.