
A total sum of N1.969 trillion, being December 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils. Bawa Mokwa, Director Press and Public Relations the office of the Accountant general of the

The Central Bank of Nigeria (CBN) has released a comprehensive assessment of Nigeria’s fintech landscape, outlining the priorities needed to sustain innovation, strengthen system integrity, and support the next phase of digital financial growth. CBN in a statement said the

The National Pension Commission (PenCom) has approved an upward review of pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund (NSITF), increasing their total monthly pension payments from ₦12.56 million to ₦159.95 million. The upward review translated to

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has hosted a delegation from British International Investment (BII), led by its Chair, Ms. Diana Layfield, alongside the British High Commissioner to Nigeria, Mr. Richard Montgomery, as part

The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to strengthening collaboration with the Economic and Financial Crimes Commission (EFCC) to enhance the recovery of failed banks’ assets and debts as well as the investigation and prosecution of persons

The African Export-Import Bank (Afreximbank) has officially terminated its credit rating relationship with Fitch Ratings. The bank in a statement said this decision followed a review of the relationship, and its firm belief that the credit rating exercise no longer

“Frontier market” economies—a cluster of mostly middle-income economies regarded as the proving ground for the next generation of economic superstars—have largely failed to live up to their potential in recent decades, a new World Bank study has found. On average,

The Nigeria Revenue Service (NRS) has denounced misinformation on the imposition of Value-Added Tax (VAT) on banking services, including electronic money transfer, fees and commission, describing the reports as incorrect and misleading. The service in a statement said VAT has

The Budget Office of the Federation has categorically rejected recent claims alleging that the North East Development Commission (NEDC) operates a ₦246 billion “salaries budget.” This assertion is misleading, inaccurate, and rooted in a fundamental misunderstanding of the Federal Government
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