Under the leadership of Olayemi Cardoso, the Central Bank of Nigeria launched an ambitious recapitalization program designed to fortify the banking sector against global shocks and domestic volatility.
President Bola Ahmed Tinubu has nominated Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN), subject to confirmation by the Senate.
Under the leadership of Olayemi Cardoso, the Central Bank of Nigeria launched an ambitious recapitalization program designed to fortify the banking sector against global shocks and domestic volatility.
The African Development Bank Group (AfDB) has launched a new aviation financing platform to unlock investment in Africa’s fast‑growing air transport market.
The Dangote Petroleum Refinery has raised the gantry price of Premium Motor Spirit to N1,175 per litre, marking the third upward adjustment within a week.
The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a sharp decline in revenue in January 2026, with earnings falling to N2.57 trillion from N4.82 trillion in December 2025.
Global financial markets faced a seismic shock on Monday as the intensification of the conflict between the United States, Israel and Iran sent crude oil prices soaring above $120 per barrel.
The Federal Airports Authority of Nigeria (FAAN) has issued over 100,000 airport access cards to motorists as part of efforts to implement the Federal Government's cashless policy at airport tollgates.
2027 Elections: The Fear of Trump, ‘Werekaci’ and Nigerian Politics
By Yushau A. Shuaib
Weblink: https://yashuaib.com/2026/03/trump-werekaci-nigeria/
“The fear of Trump is not...
The Central Bank of Nigeria (CBN) has announced plans to raise ₦850bn through a fresh Treasury Bills auction on March 11, 2026, bringing the total raised within one week to about ₦2 trillion.
The Central Bank of Nigeria (CBN) has directed all commercial banks to conduct stress tests from April 1, 2026, as the March 31 recapitalisation deadline approaches.
Nigeria’s pension fund assets rose to ₦28.04 trillion as of January 31, 2026, with Federal Government securities and domestic equities accounting for 74.85% of the total portfolio, according to the National Pension Commission (PenCom).
Nigeria’s 11 electricity distribution companies (DisCos) generated a combined ₦207.49bn in December 2025, slightly down from ₦208.78bn in November, according to the latest NERC factsheet.