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...
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).
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.
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.