Growing instability across northern Nigeria, including a surge in attacks, is driving hunger to levels never seen before according to the United Nations World Food Programme (WFP). The programme in a statement said its warning follows the release of the
The Office of the Accountant General of the Federation (OAGF) has announced a series of reforms aimed at improving transparency, accountability and financial management across World Bank–funded projects in Nigeria. This was disclosed by the Accountant General of the Federation
The National Insurance Commission (NAICOM) has inaugurated three core working groups to spearhead the implementation of the National Insurance Industry Reform Agenda (NIIRA) 2025 a strategic blueprint aimed at transforming Nigeria’s insurance sector through regulatory reform, digital innovation, and financial
The Central Bank of Nigeria (CBN) has welcomed the Financial Action Task Force’s (FATF) formal announcement of Nigeria’s removal from the list of jurisdictions under increased monitoring, known as the “grey list”, following a successful on-site evaluation of reforms implemented across
The Nigeria Governors’ Forum (NGF) has commended the Central Bank of Nigeria’s coordinated approach with fiscal authorities and underscored the importance of sustained collaboration to safeguard growth and state fiscal sustainability. This was contained in a communique issued by the
The International Fund for Agricultural Development (IFAD) pledged to reach at least 70 million small-scale farmers and significantly transform their lives by increasing their incomes, productive capacity and market access by 2030 as part of the World Bank’s AgriConnect initiative.
Sub-Saharan Africa’s economy remains resilient, with growth projected to reach 3.8 percent in 2025, up from 3.5 percent in 2024. This acceleration reflects easing inflationary pressures and a modest recovery of investment despite persistent global economic uncertainty. The world bank
The Nigerian Export-Import Bank (NEXIM) has been assigned a Bbb+ rating by leading credit rating agency Agusto & Co. Limited, affirming its satisfactory financial condition and strong capacity to meet obligations relative to other development finance institutions (DFIs) in Nigeria.
As part of activities commemorating Nigeria’s 65th Independence Anniversary, President Bola Ahmed Tinubu will on Wednesday, October 1, 2025, officially inaugurate the newly renovated National Arts Theatre, Iganmu, Lagos. The historic project, executed by the Central Bank of Nigeria (CBN) and
The Steering Committee of the Domestic Crude Oil and Refined Products Sales in Local Currency Initiative met this Sunday to review developments in the downstream oil sector as tensions continue to heighten between Dangote refinery and workers unions. A statement
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