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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 National Pension Commission (PenCom) is partnering with Pension Fund Administrators (PFAs) to launch a self-service online data recapture application known as the Data Recapture Self-Service Platform (PENCAP) on 1 February 2026. The platform will enable Retirement Savings Account (RSA)
The Nigerian Economic Summit Group (NESG) has announced the appointment of Dr. Owen D. Omogiafo and Mr. Rohan D’Souza to its Board of Directors. Dr. Tayo Aduloju, Chief Executive Officer of the NESG in a statement said the appointments underscore
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 federal government has commenced the plotting of disputed and newly drilled oil and gas wells in the country. Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr. Mohammed Bello Shehu disclosed this at the headquarters of the Commission in
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
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