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BoI Launches Non-Interest Banking to Support MSMEs

The Bank of Industry (BoI) has received approval from the Central Bank of Nigeria (CBN) to operate a non-interest banking window,

CBN Warns Against Fintech Reliance on Foreign Capital

The Central Bank of Nigeria (CBN) has raised concerns over the country’s fintech sector, warning that its heavy dependence on foreign investment leaves it vulnerable to global market swings.

Senate Commends FG on Launch of Halal Economy Strategy

The Nigerian Senate has praised the Federal Government for launching the National Halal Economy Strategy, calling it a bold policy that will help the country tap into the $7.7 trillion global halal market.

World Bank Cuts CBN Grant to $6.8m, Approval Set for March

The World Bank has cut its planned grant to the Central Bank of Nigeria (CBN) from $10.5 million to $6.8 million, with board consideration now scheduled for March 27, 2026.

Idle Refineries Cost Nigeria N13trn in Two Years

The Nigerian National Petroleum Company Limited (NNPCL) spent an estimated N13.2 trillion on its three state-owned refineries between 2023 and 2024.

Nigeria Needs $22bn for Gas Pipelines Project – NNPC

Nigeria may need up to $22 billion in new investments to deliver planned gas pipeline projects under the Nigerian National Petroleum Company Limited’s (NNPC) Gas Master Plan 2026, unveiled