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CBN closes bank recapitalization with N4.65trn fresh capital

The Central Bank of Nigeria has concluded the Nigeria bank recapitalization programme, with 33 deposit money banks raising a combined N4.65 trillion in fresh capital over 24 months.
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Nigeria pension industry forms consortium to fund infrastructure

Nigeria's pension industry is forming an investment consortium to unlock pension infrastructure investment at national scale, PenCom Director General Omolola Oloworaran announced Wednesday in Lagos.
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New Airline Expands Routes, Connects More Nigerian Cities

United Nigeria Airlines, a new domestic carrier, has announced plans to connect more Nigerian...

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CBN closes bank recapitalization with N4.65trn fresh capital

The Central Bank of Nigeria has concluded the Nigeria bank recapitalization programme, with 33 deposit money banks raising a combined N4.65 trillion in fresh capital over 24 months.
News

Nigeria pension industry forms consortium to fund infrastructure

Nigeria's pension industry is forming an investment consortium to unlock pension infrastructure investment at national scale, PenCom Director General Omolola Oloworaran announced Wednesday in Lagos.
News

Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.
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Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.

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