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Edun Sets Agenda for New NDIC Management

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has called on the new management of the Nigeria Deposit Insurance Corporation (NDIC) to bring their diverse experience to bear on the running of the corporation.

FG Targets 2m Jobs Through Renewed Social Housing Programme

The Federal Government has set a goal to generate over two million jobs across Nigeria through its Renewed Hope Social Housing Programme.

Active Bank Accounts in Nigeria Hit 320m, NIBSS Says

This is revealed by fresh data released by the Nigeria Inter-Bank Settlement System (NIBSS), highlighting the expansion of financial inclusion efforts across the country.

Electronic Transactions Rise by 22% N285trn in Q1

Despite increased network glitches across networks in the first three months of 2025, electronic payment transactions, across various platforms, rose by 22 per cent to N284.9 trillion in the first quarter of 2025.

Still on Central Bank’s Early Exit Package, by Lawal Dahiru Mamman 

There was rancor in the country when the Central Bank of Nigeria (CBN) in December 2024 prepared to retire up to 1,000 employees under the Early Exit Package (EEP) initiative, with over N50 billion allocated for severance payments. But in true, the recent strategic restructuring by the apex bank marks a significant turning point in the nation’s financial governance.

FG Restricts MDAs from Foreign Currency Denominated Contracts

The Federal Government has directed all Ministries, Departments, and Agencies to desist from entering into contracts denominated in foreign currency, as part of new fiscal control measures outlined in the 2025 Appropriation Act Implementation Guideline.