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Nigerian economy recovers, but poverty remains a threat - World Bank Report

Nigeria, April 8 -- Nigeria's economy strengthened in 2026, driven by gains from recent stabilisation reforms, but poverty has yet to decline, according to a new World Bank report. The World Bank rev... Read More


NDPC investigates Remita, Sterling Bank for alleged data breach

Nigeria, April 6 -- The Nigeria Data Protection Commission (NDPC) has announced that it is carrying out an investigation into an alleged data breach involving Remita Payment Services Ltd., Sterling Ba... Read More


CBN commences pilot programme on Flutterwave, Paystack, others to strengthen virtual asset oversight

Nigeria, April 1 -- The Central Bank of Nigeria (CBN) has commenced a pilot programme to strengthen oversight of virtual asset activities, targeting selected Virtual Asset Service Providers (VASPs) as... Read More


FG to establish Cybersecurity Council to combat cyber threats

Nigeria, April 1 -- The Federal Government has revealed its plan to establish a Cybersecurity Coordination Council with the private sector to strengthen Nigeria's collective cyber resilience and enhan... Read More


Tech4Dev appoints Country Manager for Nigeria, Sub-Saharan Africa

Nigeria, April 1 -- The Technology for Social Change and Development Initiative (Tech4Dev) has appointed tech expert Abraham Akpan as its new Country Manager for Nigeria and Sub-Saharan Africa. Tech4... Read More


PenCom to channel pension capital into national development projects

Nigeria, April 1 -- The National Pension Commission (PenCom) has announced plans to channel pension capital into infrastructure in order to create market investment and boost national development whil... Read More


NCC directs telecom operators to compensate subscribers for poor network service

Nigeria, March 30 -- The Nigerian Communications Commission (NCC) has directed Mobile Network Operators (MNOs) to provide compensation to subscribers whose network quality of service experience is bel... Read More


Nigerian banks raise N4.61 trillion ahead of 31 March deadline - CBN

Nigeria, March 25 -- The Central Bank of Nigeria has stated that Nigerian banks raised N4.61 trillion in fresh capital, with nearly 27 per cent from foreign investors, ahead of the recapitalisation de... Read More


FG launches National Single Window to cut trade costs, boost growth

Nigeria, March 25 -- The federal government has launched Nigeria's National Single Window platform in Lagos, as part of reforms to modernise trade, reduce costs, and improve efficiency across the econ... Read More


Zenith Bank appoints new Executive Director

Nigeria, March 24 -- Zenith Bank Plc has appointed Kennedy Okwudili as an executive director of the bank, with the appointment taking effect from 1 May. The bank disclosed the appointment in a statem... Read More