Nigerian Banking Sector Hits 96% Recapitalisation Compliance Ahead of Deadline
By Elizabeth ugbo Nigeria’s banking industry, led by the Central Bank of Nigeria, achieved over 96% compliance with new capital…
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CPPE Commends CBN as 32 Banks Meet Recapitalisation Requirements, Calls for Stronger Credit Access
By Elizabeth Ugbo The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria (CBN)…
Borrowing, Ports, and Policy: Why Nigeria’s Economic Debate Needs Facts, Not Outrage
By Elizabeth Ugbo The Nigerian government, alongside critics like Suyi Ayodele, is currently engaged in a heated debate over borrowing…
Court Reinstates Union Bank Board, Rules CBN Acted Outside Law
By Elizabeth Ugbo A Federal High Court in Lagos, presided over by Justice Chukwujekwu Aneke, has reinstated the board of…
Nigeria Records $6.44bn Capital Importation in Q4 2025 as Foreign Investment Rises
By Elizabeth Ugbo Nigeria recorded a total capital importation of $6.44bn in the fourth quarter of 2025, according to the…
Reps Move to Recover $7bn Airline Debt from FAAN
By Elizabeth Ugbo The House of Representatives, on Tuesday in Abuja, began moves to recover over $7bn allegedly owed to…
Nigeria’s IDA Loan Exposure Rises to $18.7bn in 2025
By Elizabeth Ugbo Nigeria’s debt to the International Development Association (IDA) rose to $18.7bn as of December 31, 2025, according…
Tinubu Halts NNPC Deductions as N2.1tn Oil Revenue Remittance Sparks Industry Concerns
By Elizabeth Ugbo President Bola Tinubu has ordered the Nigerian National Petroleum Company Limited to remit all oil and gas…