Hafsat Ibrahim

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FAAC Receives 100% Profit Oil as Tinubu’s Executive Order Takes Effect

The Federation Account Allocation Committee (FAAC) received 100 percent of profit oil from Production Sharing Contracts (PSCs) remitted by the Nigerian National Petroleum Company Limited (NNPC Ltd).

CBN Bars Loan Defaulters from New Credit Facilities

The Central Bank of Nigeria (CBN) has directed commercial banks to block large-ticket loan defaulters from accessing new credit facilities or certain banking services.

ANALYSIS: How the CBN is Reclaiming Monetary Sovereignty, by Zekeri Idakwo Laruba

In a world of fragile emerging markets and volatile capital flows, credibility is currency. And under Governor Olayemi Cardoso, the Central Bank of Nigeria (CBN) has rebuilt Nigeria’s most important economic asset, trust.

That Recapitalization Gamble that Secured Nigeria’s Financial Future, by Umar Farouk Bala

Under the leadership of Olayemi Cardoso, the Central Bank of Nigeria launched an ambitious recapitalization program designed to fortify the banking sector against global shocks and domestic volatility.

Tinubu Nominates Yuguda as CBN Deputy Governor

President Bola Ahmed Tinubu has nominated Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN), subject to confirmation by the Senate.

ANALYSIS: The US‑Israel–Iran War and Nigeria’s Forgotten Lessons, by Lawal Dahiru Mamman

History has an audacious way of repeating itself, often because actors fail to learn from previous events or because the universe intends to teach entirely new lessons.
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