The Heads of the International Energy Agency, International Monetary Fund, and World Bank Group have agreed to form a coordination group to maximize their institutions’ response to the energy and economic impacts of the war in the Middle East. They
The Central Bank of Nigeria (CBN) announces the successful conclusion of the banking sector recapitalisation programme initiated in March 2024. This was contained in a statement jointly signed by the bank’s Director, Banking Supervision Olabukola Akinwu and Acting Director Corporate
A total sum of N1.894Â trillion, being February 2026 Federation Account Revenue, is what was shared this Friday in Abuja to the Federal Government, States and the Local Government Councils at the March 2026 Federation Account Allocation Committee (FAAC) meeting.
The Infrastructure Concession Regulatory Commission (ICRC) has convened the inaugural meeting of the Presidential Project Development Committee (PDC) for the Ikom Multipurpose Dam and Hydropower Project, formally commencing structured development of the project under a Public-Private Partnership (PPP) framework. The
The Securities and Exchange Commission (SEC) has launched its inaugural Regulator/FinTech Clinic as part of efforts to strengthen engagement with Nigeria’s rapidly growing financial technology ecosystem and address regulatory gaps in the sector. Speaking at the event on Tuesday, the
Barbara Bako The Federal Government says it is closely monitoring the escalating geopolitical tensions in the Middle East involving the United States, Israel and Iran, with a view to safeguarding Nigeria’s economic stability. The Economic Management Team (EMT), chaired by
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 Federal Competition and Consumer Protection Commission (FCCPC) has uncovered patterns of price manipulation perpetrated by some local airlines during the last festive season following a review. Ondaje Ijagwu, FCCPCs Director, Corporate Affairs in a statement disclosed that the findings are contained
The Bureau of Public Enterprises (BPE) says it has an approved work plan comprising fifteen (15) strategic projects across sectors with projected revenue of ₦189.1 Billion for 2026, as it deliberately makes effort to contribute meaningfully to fiscal consolidation, reduce
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