News
Nigeria’s Inflation Edges Higher as Global Shocks Renew Cost Pressures
Nigeria’s inflation rate ticked up to 15.38% in March 2026, marking a reversal of the recent disinflation trend as global disruptions linked to ...
News
Nigeria: NITDA Advances Digital Sovereignty Drive with Expanded Software Infrastructure
Nigeria’s National Information Technology Development Agency (NITDA) is intensifying efforts to strengthen data governance and scale national software infrastructure, as part of a ...
Nigeria
Nigeria: CBN Introduces Nigerian Overnight Financing Rate as New Benchmark
The Central Bank of Nigeria (CBN), in partnership with the Financial Markets Dealers Association (FMDA), has unveiled the Nigerian Overnight Financing Rate (NOFR) ...
Nigeria
Nigeria: FCCPC warns firms against non-compliance with statutory obligations
The Federal Competition and Consumer Protection Commission (FCCPC) has warned firms, legal advisers, transaction parties and other stakeholders against non-compliance with statutory obligations ...
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Nigeria: AI cuts fraud losses by up to 35% in Nigeria, says eTranzact executive
Artificial intelligence is emerging as a powerful tool in the fight against financial fraud in Nigeria, with industry insights indicating significant reductions in ...
Nigeria
Nigeria Intensify Efforts to Deepen Monetary Cooperation, Financial Integration across Africa
Nigeria has stepped up efforts to host the African Union (AU) African Monetary Institute (AMI), signalling a renewed push toward deeper monetary cooperation ...
Nigeria
Nigeria: CBN proposes mediation panel to resolve loan disputes
The Central Bank of Nigeria is advancing plans to introduce a structured dispute resolution mechanism for loan-related conflicts, proposing the establishment of a ...
Nigeria
Nigeria: NDIC begins final wind-down of 89 failed banks after resolution process
The Nigeria Deposit Insurance Corporation has initiated the final phase of winding down 89 defunct Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs), ...
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Nigeria: IHS backs digital innovation to unlock growth in Nigeria’s creative economy
Telecom infrastructure firm IHS Nigeria has reaffirmed its commitment to leveraging technology to drive growth in Nigeria’s creative sector, following its partnership with ...
Nigeria
Nigeria: FG advances collaborative framework to strengthen cybersecurity resilience
The Federal Government is ramping up efforts to safeguard Nigeria’s digital economy, with plans to establish a National Cybersecurity Coordination Council aimed at ...