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CBN Warns of Rising Risks in Non-Interest Finance Industry

The Central Bank of Nigeria has raised concerns over growing governance, compliance, operational and technological risks confronting the country’s non-interest financial services industry, warning that failure to effectively manage the challenges could undermine public confidence and financial stability.

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CBN Warns States Against Short-Term Borrowing

The Central Bank of Nigeria (CBN) has warned state governments against excessive reliance on short-term borrowing and overdrafts, saying such practices could undermine Nigeria’s transition to an inflation-targeting monetary framework.
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Aviation Fuel Shortage Threatens Flight Safety – Pilots

The National Association of Aircraft Pilots and Engineers (NAAPE) has raised alarm over the persistent shortage of aviation fuel, warning that it is now threatening flight safety, airline operations, and worker welfare.
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Refinery Revamp to Rely on Equity Partnerships, Not Govt Funds – NNPC

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has clarified that its new Memorandum of Understanding (MoU) with two Chinese firms is not a fresh spending commitment or contract award.
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Nigeria Receives 164,000MT of Imported Fuel

Nigeria is set to receive 164,000 metric tonnes of petroleum products as eight vessels berth at ports in Lagos, Delta, and Cross River States, according to the Daily Shipping Position.
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FEC Approves PPP Projects in Transport, Power

The Federal Executive Council (FEC) has approved three major Public-Private Partnership (PPP) projects to strengthen Nigeria’s infrastructure and boost economic growth.
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CBN Tightens Oversight After N4.65trn Bank Recapitalisation

The Central Bank of Nigeria (CBN) has signalled tougher oversight of lenders following the completion of the N4.65tn banking recapitalisation exercise, aimed at strengthening governance, risk controls, and board accountability.
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US Crude Imports from Nigeria Fall 15% in Q1 2026

The United States spent $578.78m on Nigerian crude oil imports in the first quarter of 2026, down from $681.40m in the same period of 2025, according to data from the U.S. Census Bureau and Bureau of Economic Analysis.  
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Are Nigerian Talents Really “Not Up to Global Standards”? By Shuaib S. Agaka

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