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FULL LIST: Why CBN Revoked Licences of 46 Microfinance Banks

FULL LIST: Why CBN Revoked Licences of 46 Microfinance Banks The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks across the country over their failure to comply with key regulatory requirements. The apex bank said the revocation took effect from July...

FG Sets ₦2.5trn Independent Revenue Target for 2026

The Federal Government has set a target of ₦2.5 trillion in independent revenue for 2026, according to the Fiscal Responsibility Commission (FRC).

Consumers Pay ₦801bn Despite Power Outages – NERC

Nigerian electricity distribution companies (DisCos) collected ₦801.16bn from consumers between January and April 2026, despite widespread blackouts and supply shortages, according to data from the Nigerian Electricity Regulatory Commission (NERC).

DMO Targets ₦4tn in Q3 Bond Auctions

The Debt Management Office (DMO) has announced plans to raise about ₦4 trillion through FGN Bond auctions in Q3 2026, covering three issuance dates: July 20, August 17, and September 14.

World Bank Awards $27m to 20 Nigerian States for Reforms

The World Bank will disburse $27 million in performance-based grants to 20 Nigerian states under the Human Capital Opportunities for Prosperity and Equity (HOPE) Governance Programme, after they met key reform targets in education, healthcare, and public financial management.

PH0TOS: First Lady Commissions Digital Innovation Academy, Modern Healthcare Centre in Jigawa

Nigeria's First Lady, Senator Oluremi Tinubu, has commissioned two landmark digital innovation and healthcare facilities in Hadejia, Jigawa State.