Defence Minister Gen. Christopher Musa says true and lasting national security must rest on defeating ignorance, conquering hopelessness and defending democratic values, not just military force.
Bluecode Africa has named former CBN deputy governor Kingsley Moghalu chairman of its Nigerian subsidiary's advisory board as the payments firm enters the Nigerian market.
First City Monument Bank has appointed economist Bismarck Rewane as non-executive director and chairman of its board, following approval from the Central Bank of Nigeria.
CBN Governor Olayemi Cardoso has unveiled Payment Systems Vision 2028, a strategic roadmap to build a secure, inclusive and globally competitive payments ecosystem in Nigeria.
Nigeria's capital importation jumped 182% to $3.52bn in January, driven almost entirely by foreign portfolio investment, while foreign direct investment collapsed by 80 percent.
Nigeria's trade surplus jumped 220 percent to $480 million in January as oil exports hit a record, even as weaker cocoa prices dragged non-oil earnings.
President Bola Tinubu says oil subsidy and exchange rate cabals want him dead, blaming the threat on the reforms he launched after taking office in 2023.
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.
Defence Minister Gen. Christopher Musa says true and lasting national security must rest on defeating ignorance, conquering hopelessness and defending democratic values, not just military force.