BUSINESS
CBN Tightens Digital Safety Net, Gives Banks And Fintechs 3 Weeks To Boost Cybersecurity Transparency
The Central Bank of Nigeria has directed banks and other financial institutions to submit detailed reports on their cybersecurity frameworks within three weeks, as...
33 Banks Now Bigger, Stronger
The recent recapitalisation exercise led by the Central Bank of Nigeria, CBN, which saw 33 deposit money banks raise an impressive N44.65 trillion, is...
Recapitalisation: 12 Insurance Firms In Tight Corner
•Regulator insists on the deadline •Some insurers consider scaling down As the July 31 deadline given to insurance companies to meet the recapitalisation requirement draws near, indications...
Foreign Inflows Jump 78% On NGX Amid Rising Outflows
The Nigerian Exchange Limited (NGX) recorded a significant shift in foreign investment activity in the first quarter of 2026, Q1’26, as foreign inflows surged...
Tinubu Unveils N25trn Pension War Chest
President Bola Tinubu yesterday unveiled a N25 trillion pension asset pool as part of a sweeping social protection drive, assuring that Nigerian workers would no...
Tinubu Hails Cardoso’s Reforms, Banking Recapitalisation
•Union Bank, Polaris, Keystone Banks on course President Bola Ahmed Tinubu has praised Olayemi Cardoso for leading reforms at the Central Bank of Nigeria (CBN),...
Banking, Industrial Stocks Attract Investors As Market Rally Continues
The Nigerian stock market closed at the weekend on a bullish note as investors gained about N1.1 trillion Week-on-Week, W-o-W, driven largely by renewed...
Stewardship, Not Seizure: What The Union Bank Case Is Really About
There is a particular genre of financial commentary that mistakes legal process for a factual verdict. A court delivers a first-instance ruling, procedural questions...
CBN Unveils New FX Guidelines, Approves Cash Movement Of $50,000
The Central Bank of Nigeria (CBN) has issued fresh Foreign Exchange Guidelines which provides that an individual can move cash of up to $50,000,...
FG Debt Repayments Surpasses 2025 Budget Allocation By Nearly N2tn
Federal government debt repayments exceeded the 2025 amended budget allocation by N1.90tn in the first nine months of the year, fresh data from the...
