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The Central Bank of Nigeria has raised concerns over growing governance, compliance, operational and technological risks confronting the country’s non-interest financial services industry, warning that failure to effectively manage the challenges could undermine public confidence and financial stability.
The Nigerian Ports Authority (NPA) has reported a 19.5% increase in vessel traffic in the first quarter of 2026, with Gross Registered Tonnage (GRT) for ocean-going vessels rising to 46.75 million.
The African Development Bank (AfDB) has approved a $61 million financing package for the Development Bank of Nigeria (DBN) to expand credit access for women-owned businesses, especially in agriculture.
