CBN to release open banking roadmap within three months
The Central Bank of Nigeria plans to release an implementation roadmap for Open Banking within three months, targeting the resolution of technical…
Business
NNPC shuts down refineries over financial losses – Ojulari
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has revealed that Nigeria’s state-owned refineries were running…
ICYMI: FG okays digital fish import licensing to boost local aquaculture
The Federal Government has approved the launch of a digital system for fish import licensing, aiming to enhance regulation and promote local…
Reforms, private sector vital for 7% GDP growth – Minister
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, stated that sustained economic reforms and increased private sector…
Nigeria must harness gas to drive Africa’s growth – Ojulari
The Group Chief Executive Officer of the Nigeria National Petroleum Company Limited, Bayo Ojulari, stated that as an emerging global energy powerhouse,…
UBA appoints Loknath Mishra as CEO of UK subsidiary
The United Bank for Africa has appointed Loknath Mishra as Chief Executive Officer of its United Kingdom subsidiary. Effective 2 February 2026,…
Lagos halts demolition in Makoko amid public outcry
The Lagos State House of Assembly has ordered an immediate suspension of demolition activities in the Makoko, Oko-Agbon and Shogunro waterfront communities…
Government securities now account for 11% of Nigerian banks’ assets — Report
Government securities make up roughly 11 per cent of Nigerian banks’ total assets, highlighting years of limited credit growth and a shift…
FG launches free nationwide programme to boost financial literacy
The Federal Government has launched a nationwide free training programme designed to equip 10 million Nigerians with skills in financial literacy and…
NLC, TUC cancel protest, instruct FCTA workers to return immediately
The Nigeria Labour Congress and Trade Union Congress have instructed FCTA-paid workers to return to duty with immediate effect. The directive follows…
Sachet alcohol ban could threaten N400bn investments, MAN, NECA warn
The Manufacturers Association of Nigeria and the Nigeria Employers’ Consultative Association have warned that enforcing a ban on alcoholic beverages sold in…
FG to share electricity subsidy burden with states, LGs
The Federal Government has announced plans to stop bearing electricity subsidy costs solely, unveiling a new framework that will share the responsibility…