CBN Targets Sanctions Over FX Contract Violations
The Central Bank of Nigeria (CBN) has concluded a forensic audit into undelivered forward foreign exchange contracts and is preparing...
Tuesday, September 16, 2025
Business
Banking Sector Inflows Hit $7bn, Highest Since 2019
Foreign capital inflows into Nigeria’s banking sector hit $7 billion in 2024, the highest since 2019, according to new data...
Tinubu Signs Insurance Reform Act Into Law
President Bola Tinubu has signed the Nigerian Insurance Industry Reform Act (NIIRA) 2025 into law, marking a significant step toward...
CODE Urges FG To Boost Women’s Economic Inclusion Through Reusable Pads
Connected Development (CODE), a leading civil society organisation, has called on the federal government to leverage its extensive network of...
FG Intensifies Surveillance To Enforce Measurement Accuracy
As part of efforts to promote consumer protection and strengthen regulatory compliance in trade practices, the federal government has ramped...
China Unveils New Financial Guidelines To Drive Industrial Transformation
In a significant move aimed at accelerating its industrial transformation, China has rolled out a comprehensive set of guidelines to...
Hot Money Dominates Nigeria’s $5.6billion Q1 Capital Inflows
Foreign capital inflows into Nigeria surged to $5.64 billion in the first quarter of 2025, but over 90 per cent...
NSDC Rallies Investors To Seize $2bn Sugar Market
The executive secretary of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has called on Nigerian farmers and private...
NAICOM Issues New Rules For Insurtech Firms
The National Insurance Commission (NAICOM) has introduced new operational guidelines for Insurtech companies, effective August 1, to streamline digital innovation...
Lagos, Rivers, Delta Top Nigeria’s Subnational Debt Chart In Q1
Nigeria’s 10 most indebted states increased their combined debt stock by 2.49 per cent year-on-year to N2.48 trillion in the...
