The Central Bank of Nigeria (CBN) recently launched a new strategic framework called the Nigeria Payments System Vision 2028 (PSV 2028) with the intention to guide the nation’s payments systems over the next three years....

Nigeria’s overstretched public hospitals are battling soaring electricity bills, as subsidy approved by President Bola Tinubu remains stalled one year on, leaving facilities with costs that threaten life-saving services....

The NAICOM has released the guidelines for the Minimum Capital Requirement (MCR) of insurance and reinsurance companies, directing......

The Central Bank of Nigeria (CBN) raised the yields on one-year Nigerian treasury bills (T-Bills) to 21.49 percent at the most recent primary market auction. It represented the third consecutive time the apex bank was raising the yields on one-year NT-bil...

Nigeria’s major crude oil grades, Brass River and Qua Iboe, dropped below the $68-mark on Monday, trading at $68.56 and $68.61 per barrel respectively, down 0.22 percent decline, according to market data....

Nigeria’s banks face a capital hole of nearly N5 trillion, a shortfall bigger than the federal government’s combined education and health budgets in 2024. Two decades after Charles Soludo forced a brutal cull that left only 25 banks standing...

The surge in derivation payments presents a final opportunity to break decades of mismanagement. Nigeria's oil-producing states have received an unexpected gift that could prove either transformative or catastrophic....

In the hierarchy of Nigeria's GDP contributors, finance has long been one of the top service-sector performers, matched only by trade, real estate, and oil. But the latest GDP data marks a symbolic shift...