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,…
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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…
CBN Redeploys Four Deputy Governors in Major Management Reshuffle
By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has redeployed its four Deputy Governors in a major management reshuffle…
Abdul Samad Rabiu Becomes Africa’s Second-Richest Billionaire
By Elizabeth Ugbo Rabiu Surpasses Johann Rupert in Bloomberg Ranking Abdul Samad Rabiu has emerged as Africa’s second-richest individual after…
Nigeria States External Debt Rises by $884.66m in 2025 Despite Higher FAAC Allocations
By Elizabeth Ugbo Nigeria’s 36 states and the Federal Capital Territory increased their external debt by $884.66m between December 2024…
AXA Mansard, Herconomy Launch 2026 Enterprise Challenge to Empower Nigerian Women Entrepreneurs
By Elizabeth Ugbo AXA Mansard Insurance Plc has renewed its partnership with Herconomy to host the 2026 Enterprise Challenge, aimed…
East Africa Attracts $4.1bn Investment as Kenya Leads Private Capital Drive
By Elizabeth Ugbo East Africa attracted $4.1bn in investments between 2021 and 2025, according to data released at the 22nd…
Central Bank of Nigeria Raises Card Fees to N1,500, Unveils New Bank Charges Effective May 2026
By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has increased debit and credit card issuance fees to N1,500, effective…