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The Central Bank of Nigeria has announced the commencement of the second cohort of its Regulatory Sandbox Programme, with a new dual-track structure designed to support responsible innovation in virtual assets and data-enabled financial services. The bank in a statement
Barbara Bako, Abuja. The Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Rabiu Abdullahi Umar, has called for urgent investment in infrastructure, logistics and market systems to move West Africa from a petroleum price-taking
The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the Commission’s revised minimum capital requirements, marking a major milestone in the ongoing recapitalisation of Nigeria’s insurance industry. The presentation
Barbara Bako, Abuja. The proposed African Credit Rating Agency (AfCRA) must demonstrate analytical independence, methodological transparency and consistent performance to gain the confidence of global investors, according to key rating developments featured in the August 2026 edition of
The National Insurance Commission (NAICOM) has announced the successful completion of the insurance industry’s 12 month recapitalisation exercise, with 43 insurance and reinsurance companies meeting the new minimum capital requirements prescribed under the Nigerian Insurance Industry Reform
Barbara Bako, Abuja. The Federal Ministry of Finance has called for stronger collaboration between government and professional institutions to accelerate Nigeria’s economic transformation and support sustainable development. Permanent Secretary, Special Duties, Federal Ministry of Finance, Mr. Mohammed Sanusi Danjuma, made
Barbara Bako, Abuja. Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has disclosed that the Federal Government will soon publish a detailed account of savings from the removal of fuel and foreign exchange subsidies,
Barbara Bako, Abuja. The Securities and Exchange Commission (SEC) has commenced the implementation of a fully electronic registration process for capital market operators, allowing designated regulatory services to be completed entirely online as part of efforts to modernise
Barbara Bako, Abuja. Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, on Wednesday urged African countries to strengthen economic reforms, deepen regional integration and invest in
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