The Central Bank of Nigeria (CBN) has acknowledged the judgment delivered on Wednesday, March 25, 2026, by the Federal High Court in Lagos concerning its regulatory action on Union Bank of Nigeria Plc (UBN) in January 2024. The Bank’s Acting
The Federal Government has inaugurated the Governing Board of the National Pension Commission (PenCom), charging members to uphold the highest standards of corporate governance and safeguard over ₦28 trillion in pension assets under the Contributory Pension Scheme (CPS). Speaking at
The Investments and Securities Tribunal (IST), has assured Ethiopia of its readiness to support the development and stability of the country’s emerging capital market through experience sharing in investment dispute resolution. Chairman of the IST, Aminu Jinaidu gave the assurance
Barbara Bako The leadership of the Institute of Loss Adjusters of Nigeria (ILAN) has called for enhanced professional training, stronger market compliance and greater collaboration within the insurance industry during a courtesy visit to the National Insurance Commission (NAICOM). 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
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
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
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
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
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