The Central Bank of Nigeria’s decision in July 2026 to revoke the licenses of 46 microfinance banks was therefore more than a regulatory action, it was a statement about discipline, accountability, and the future of Nigeria’s financial system.Â
For retired officers of the Nigeria Customs Service (NCS), those concerns have echoed for years. Many devoted the most productive years of their lives to safeguarding Nigeria's borders, facilitating legitimate trade and generating revenue for national development.
Recognising this reality, the Federal Road Safety Corps (FRSC) and the Sierra Leone Road Safety Authority (SLRSA) recently signed a landmark five-year Memorandum of Understanding (MoU) at the FRSC National Headquarters in Abuja. The agreement lays the groundwork for institutional partnerships, capacity building, and data-driven enforcement across the sub-region.
Since her appointment as Executive Director and Chief Executive Officer of the Council on October 13, 2023, Mrs. Nonye Ayeni has quietly overseen what appears to be one of the most significant transformations in Nigeria's non-oil export sector in recent years.
Nigeria’s recent history with the Naira redesign under former Central Bank Governor Godwin Emefiele illustrates how fragile confidence can be when monetary policy is controversial, poorly communicated, or inconsistently enforced.Â
When Nigeria announced an investigation into Google, Meta, X and several generative artificial intelligence platforms, many viewed it as yet another regulatory confrontation with global technology companies. I believe it represents something far more significant. It is one of the most consequential tests of Nigeria's digital policy in recent years because its outcome could determine whether the country's media industry remains economically viable in an era where technology platforms increasingly control how news is discovered, distributed and monetised.