The Director-General of the Securities and Exchange Commission, Dr. Emomotimi Agama, has commended female staff of the Commission for their contributions to the development of Nigeria’s capital market, reaffirming management’s commitment to supporting and empowering women within the organisation. Agama
The Office of the Accountant-General of the Federation (OAGF) has explained the delay in the payment of February 2026 salaries to staff of the Federal Ministry of Steel Development and four federal agencies, attributing the development to salary shortfalls in
Thirty (30) banks have met the new minimum capital requirements applicable to their respective licence authorisations and thirty-three (33) banks have raised additional capital through rights issues, initial public offerings (IPOs), and private placements as part of the recapitalisation programme.
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has disclosed that Nigeria’s gross and net foreign reserves showed significant improvement at the end of 2025, reflecting stronger external sector fundamentals and sustained policy reforms. Cardoso had disclosed
The Office of the Accountant-General of the Federation (OAGF) say it has commenced the payment of February 2026 salaries to Federal Government treasury-funded workers this Monday, March 2, 2026. The Office in a statement by Bawa Mokwa, Director, Press and
President Bola Ahmed Tinubu has directed the Infrastructure Concession Regulatory Commission (ICRC) to guide the implementation of the Federal Government’s National Gas Infrastructure Command Centre (NGCC) strictly under a Public-Private Partnership (PPP) framework, with zero public funding and no contingent
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has welcomed the latest national economic data from the National Bureau of Statistics (NBS) confirming that Nigeria’s real GDP grew by 4.07% in the fourth quarter of 2025
The Ministry of Finance Incorporated (MOFI) say it is partnering 20 banks to disburse a ₦1 trillion private-sector-led mortgage scheme designed to address Nigeria’s 20-million-unit housing deficit and stimulate broader economic growth towards achieving the one trillion-dollar economic agenda of
The Nigerian Export-Import Bank (NEXIM), has disclosed the disbursement of N179.79 billion to Nigerian exporters in 2025. Managing Director of NEXIM Abubakar Abba Bello made the disclosure in Abuja at a conference organised by the Finance correspondents Association of Nigeria (FICAN).
Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration. The partnership according to a statement by the African Export-Import Bank (Afreximbank) enables instant
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