FG Dismisses Claims of Revenue Diversion, Clarifies World Bank Report Findings
By Elizabeth Ugbo The Federal Ministry of Finance has dismissed claims of revenue diversion in Nigeria, stating on Monday in…
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British Pound Holds Firm Against Naira as New Week Trading Begins
By Elizabeth Ugbo The British Pound opened trading on Monday, April 20, 2026, in Nigeria at around ₦1,817.83 in the…
MTN Suspends Xtratime Over New FCCPC Lending Rules
By Elizabeth Ugbo MTN Nigeria has suspended its Xtratime service in Nigeria on April 2026 following new 2025 regulations by…
Naira to Dollar Exchange Rate in Nigeria – April 6, 2026 Market Update
By Elizabeth Ugbo The Central Bank of Nigeria (CBN) and foreign exchange traders in Nigeria recorded a stable Naira on…
Audit Profession, Trust, and the Problem of Perfection
By Elizabeth Ugbo Auditors today, across global financial markets, face intense criticism in the post-Enron era, where companies collapse, and…
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…
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…