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Otti backs plan to expand insurance access in Abia

Abia State Governor Alex Otti has backed a plan to deepen insurance penetration, commending registered insurance brokers for engaging the public and pledging wider participation.

FG scraps three-month pre-retirement leave for civil servants

The Federal Government has directed agencies to stop placing civil servants on a mandatory three-month pre-retirement leave, saying the practice has no legal basis.

Nigeria’s trade surplus jumps 220 percent to $480m

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.

Tinubu says subsidy cabals want him dead

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.

CBN Retains Interest Rate at 26.5%

KEY POINTS The Central Bank of Nigeria retained the benchmark interest rate at 26.5%...

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.

Naira Strengthens to Highest Level Since February

KEY POINTS The naira appreciated to N1,355/$, its strongest level since February 2026. Rising...

CBN Cuts Interest Rate to 26.5% as Inflation Eases

KEY POINTS The CBN reduced its benchmark interest rate from 27% to 26.5%, signaling...

SERAP Drags CBN to Court Over Alleged Missing ₦3 Trillion in Public Funds

KEY POINTS SERAP has sued the CBN, alleging it failed to account for about...

Standard Chartered Meets CBN N200bn Capital Rule Ahead of March 2026 Deadline

KEY POINTS Standard Chartered Bank Nigeria met the CBN N200bn capital requirement in November...

Insecurity and Power Shortages Continue to Challenge Nigerian Businesses — CBN

KEY POINTS Insecurity and erratic power supply remain the top operational constraints for Nigerian...

Reps Launch Probe Into Excessive Bank Charges

Nigeria’s House of Representatives has ordered an investigation into arbitrary deductions by commercial banks and directed the CBN to publish a clear list of approved charges.

Emefiele’s $4.5bn Fraud Trial Delayed Over Phone Evidence Dispute

Emefiele’s $4.5bn fraud trial stalled again after EFCC and defence clashed over phone forensic test procedures in Lagos court.

The Untold Impact of Digital Currency Adoption on Nigeria’s Informal Economy

KEY POINTS Digital currency adoption is transforming Nigeria’s informal economy, bringing both benefits such...

Latest articles

Otti backs plan to expand insurance access in Abia

Abia State Governor Alex Otti has backed a plan to deepen insurance penetration, commending registered insurance brokers for engaging the public and pledging wider participation.

FG scraps three-month pre-retirement leave for civil servants

The Federal Government has directed agencies to stop placing civil servants on a mandatory three-month pre-retirement leave, saying the practice has no legal basis.

CBN unveils Payment Systems Vision 2028 to drive growth and financial inclusion

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 and Liberia move to deepen maritime cooperation and capacity building

NIMASA Director-General Dayo Mobereola and Liberia's honorary consul Dapo Akinosun have pledged to deepen maritime cooperation, capacity building and Blue Economy development across Africa.