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By Babajide Komolafe Fresh concerns have emerged over Nigeria’s debt burden with the outlook for 2026 indicating new borrowings at about N29 trillion. Giving its verdict on the debt ...
By Babajide Komolafe Against the backdrop of Africa’s heavy dependence on imported medicines, The Alternative Bank has intensified efforts to support local pharmaceutical manufacturing in Ni...
As Business Confidence drops to 6-month low By Babajide Komolafe Rising taxes and fuel price adjustments slowed the pace of business growth in Nigeria in January 2026, pushing business ...
By Babajide Komolafe The Central Bank of Nigeria, CBN, has disclosed that payment system downtime and service interruptions increased significantly during the December festive season, popularl...
By Babajide Komolafe The Nigeria Deposit Insurance Corporation (NDIC) and the Economic and Financial Crimes Commission (EFCC) have agreed to strengthen collaboration to enhance the investigati...
•Says $2.5bn contracts awarded to 6,800 Nigerian suppliers in 5yrs •As IFC invests $5bn •FG will deepen engagement with World Bank procurement — Bagudu By Babajide Komolafe ...
By Babajide Komolafe Nigeria recorded N5.6 billion in cross-border transactions under the Pan-African Payment and Settlement System (PAPSS) in the first half of 2025, H1’25, a 53 percent drop ...
By Babajide Komolafe The Central Bank of Nigeria (CBN) has upgraded the licenses of major FinTech companies and Microfinance Banks, including Opay and Moniepoint, to national status, allowing them...
*To reduce fraud response time to 30mins By Babajide Komolafe The Central Bank of Nigeria (CBN) has unveiled an industry-wide offensive against rising digital fraud, with the aim of reducing ...
By Babajide Komolafe Businesses across key sectors of the economy are grappling with prohibitive borrowing costs as maximum lending rates charged by banks rose to as high as 46 per cent. ...