CBN,NCC Sign MOU To Strengthen Consumer Protection,Tackle Electronic Fraud
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have signed a Memorandum of Understanding (MoU) to enhance collaboration across…
Business
12 Insurance Firms Battle To Meet Recapitalization requirement
As the July 31 deadline given to insurance companies to meet the recapitalisation requirement draws near, indications have emerged that some…
CBN, FMDA Align Domestic Money Markets With Global Benchmark Standards
The Central Bank of Nigeria (CBN), in collaboration with the Financial Markets Dealers Association (FMDA), has announced the introduction of…
World Bank Flags Hidden Spending System Diverting Nigeria’s 41% Earnings
Nigeria’s federation revenue has seen a massive surge to N84tn over the last three years, yet a staggering 41% of…
NDIC Begins Process To Conclude Liquidation Of 89 MFBs, PMBs
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of concluding the liquidation activities of 89 closed Microfinance Banks…
Edun Calls For Enhanced,Affordable Global Financing Support For Developing Economies
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reaffirmed the traction of the Federal Government’s…
Edun Urges Developing Countries To Adopt Measures To Cushion Global Shocks
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has called on developing countries to adopt proactive…
Subsidy Obligations Hit Over N400Bn In Q4 2025
The Nigerian Electricity Regulatory Commission has revealed that the Federal Government incurred a subsidy obligation of N418.79bn in the fourth…
NSIA’s Assets Hit $3.4Bn From $1Bn
The Nigeria Sovereign Investment Authority (NSIA) says it’s Net Asset Value has risen to $3.40 billion since coming on board…
Nigerian Banks Raise N4.65Trn After Recapitalisation Programme
The Central Bank of Nigeria (CBN) says Nigerian banks raised a total of N4.65trillion in new capital at the successful…