Hafsat Ibrahim

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EXPLAINER: How CBN’s New Policy on Dormant Accounts Affects Nigerians

The CBN’s decision is not yet perfect. Questions remain about how banks will handle disclosures and whether enhanced due diligence will be applied fairly but the scales have tipped in favour of customer.

Nigeria, UAE Firms Seal $200m Defence Tech Deal

Nigeria is set to attract $200m in investment through a new partnership between Nigus International Investment Limited and UAE-based Elmirate Investment LLC (Elmirate Capital).

Nigeria Records $96bn Crypto Transactions – SEC

Nigeria’s digital finance ecosystem recorded about $96bn in cryptocurrency and virtual asset transactions, according to SEC Director-General Emomotimi Agama.

States Responsible for 48% of Public Spending, Minister Says

The Federal Government has disclosed that state governments account for about 48% of Nigeria’s total public expenditure, underscoring the need for stronger coordination across all tiers of government.

Food Inflation Returns to Double Digits at 12.12%

Nigeria’s food inflation rate rose to 12.12% in February 2026, reversing the single-digit level recorded in January and signalling renewed pressure on household food costs.

‎Tinubu Swears in Taiwo Oyedele as Minister of State for Finance, Hails Expertise, Dedication

‎President Bola Tinubu on Monday swore in Mr Taiwo Oyedele as Minister of State for Finance, describing his appointment as a strategic move to consolidate ongoing fiscal and tax reforms aimed at strengthening Nigeria’s economic stability.
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