Jul 01, 2026Bukola Kuteyi The World Bank has approved a $1.25 billion loan for Nigeria under the NAIJA programme, aimed at boosting jobs, infrastructure and economic reforms, amid growing concerns over the country’s rising external debt. View more
Jun 16, 2026Bukola Kuteyi CBN introduces new market share limits for card issuing and merchant acquiring services, capping dominance to boost competition, reduce risk, and strengthen Nigeria’s payments ecosystem. View more
May 26, 2026Bukola Kuteyi Nigeria retains third position among World Bank’s IDA borrowers with $18.5bn debt as of March 2026, raising concerns over fiscal sustainability and rising external obligations. View more
Apr 24, 2026Daily Observer Reporter Muhammadu Sanusi II, former CBN Governor and Emir of Kano, has criticised the Federal Government for continued borrowing despite removing fuel subsidy View more
Apr 24, 2026Abdullahi Alhassan CISLAC criticises Nigeria’s 2026 tobacco tax regime as weak and ineffective, urging wider stakeholder consultation, higher excise rates, and alignment with ECOWAS and WHO standards View more
Apr 24, 2026Bukola Kuteyi CBN increases ATM card fees to N1,500, removes monthly maintenance charges, and introduces new banking policies to boost financial inclusion and digital payments in Nigeria. View more
Mar 13, 2026Bukola Kuteyi The Central Bank of Nigeria has ordered commercial banks to immediately cut off credit and contingent liability services to large-ticket loan defaulters, as the industry's non-performing loan ratio climbs to 7% — above the 5% regulatory limit. View more
Jan 27, 2026Daily Observer Reporter The Central Bank of Nigeria has upgraded Moniepoint, Opay, Kuda, Palmpay and Paga to national licences, allowing nationwide operations while imposing stricter capital View more
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