NFIU Receives 42,082 Suspicious Transaction Reports in 2025
By Elizabeth Ugbo The Nigerian Financial Intelligence Unit (NFIU) received 42,082 Suspicious Transaction Reports (STRs) from banks, fintechs and other…
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Naira Holds Steady at ₦1,368/$ in Official Market as Black Market Dollar Trades Above ₦1,400
By Elizabeth Ugbo The naira traded at ₦1,368.22 against the United States dollar on Tuesday, August 4, 2026, at the…
Tinubu Signs Executive Order to Regulate Virtual Assets, Establishes Coordinating Council
By Elizabeth Ugbo President Bola Ahmed Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination 2026 in Abuja,…
Nigeria Wins Prestigious UN Anti-Corruption Award for Asset Recovery Excellence
By Elizabeth Ugbo Nigeria has won the prestigious United Nations Office on Drugs and Crime (UNODC)-World Bank-Egmont Group Stolen Asset…
CBN Reaffirms Standard and Commemorative ₦100 Notes Remain Legal Tender
By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has reaffirmed that both the standard ₦100 banknote and the commemorative…
FG Denies Operating Shadow Budget, Clarifies IMF Report on Public Expenditure
By Elizabeth Ugbo The Federal Government has dismissed claims that it spent more than ₦8 trillion outside the 2026 approved…
CBN Orders Banks to Freeze Accounts Linked to Six Terrorism Financing Suspects
By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to immediately freeze accounts,…
Tinubu Appoints Kunle Elebute as FRCN Board Chair to Strengthen Corporate Governance
By Elizabeth Ugbo President Bola Ahmed Tinubu has appointed Kunle Elebute as the Chairperson of the Governing Board of the…
FG Approves Payment of Verified Contractor Debts Across MDAs
By Elizabeth Ugbo The Federal Ministry of Finance has approved the payment of verified outstanding obligations owed to more than…
FG Introduces New Imprest Limits, Tightens Financial Controls for MDAs in 2026
By Elizabeth Ugbo The Federal Government has introduced new imprest limits and stricter financial controls for Ministries, Departments, and Agencies…