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.

At the peak of the turbulence, the challenge before the Central Bank of Nigeria was not simply to inject liquidity into the system, but to restore trust in the market.

In reality, for institutions like the Central Bank of Nigeria, these engagements have become critical instruments of public relations and narrative control.

The Central Bank of Nigeria (CBN) has warned state governments against excessive reliance on short-term borrowing and overdrafts, saying such practices could undermine Nigeria’s transition to an inflation-targeting monetary framework.

The National Association of Aircraft Pilots and Engineers (NAAPE) has raised alarm over the persistent shortage of aviation fuel, warning that it is now threatening flight safety, airline operations, and worker welfare.

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has clarified that its new Memorandum of Understanding (MoU) with two Chinese firms is not a fresh spending commitment or contract award.