Banks to undergo regular stress tests under new CBN framework
CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN) has disclosed plans to implement regular stress tests for all commercial banks in the country as part of its effort…
CBN’s BVN overhaul major banking security boost
The Central Bank of Nigeria has introduced stricter Bank Verification Number enrolment and data access rules as part of efforts to curb fraud and strengthen trust in the financial system.…
Electricity tariff hike imminent as Gencos step up pressure
Electricity generation companies have called on the Nigerian Electricity Regulatory Commission to urgently review electricity tariffs following the Federal Government’s recent increase in the domestic base price of gas, warning…
Oil Up, S&P 500 Futures Drop Before Iran Deadline: Markets Wrap
Crude oil advanced in volatile trading and equities lost momentum as investors remained wary ahead of President Donald Trump’s deadline for Iran to make a peace deal, with tentative ceasefire…
Oil prices climb as Hormuz stays shut ahead of Trump deadline
Oil prices extended gains on Tuesday as a deadline loomed for Iran to open the Strait of Hormuz or be "taken out", with President Donald Trump threatening to order…
BudgIT Appoints Vahyala Kwaga to Lead Nigeria Operations as Country Director
BudgIT, a civic-tech organisation working to improve transparency, accountability, and citizen engagement across Africa, has appointed Mr. Vahyala Kwaga as Country Director for Nigeria, effective April 1, 2026. Mr. Kwaga…
Miracles, Revival Mark Opening of Dominion City’s Night of Glory 2026
The atmosphere was charged with faith, worship, and expectancy as Dominion City’s Global Camp Meeting 2026 entered its peak with the first day of the “Night of Glory,” drawing thousands…
N4.65 Trillion in the Vault, but is the Real Economy Locked Out?
BY BLAISE UDUNZE Following the successful conclusion of the banking sector recapitalisation programme initiated in March 2024 by the Central Bank of Nigeria, the industry has raised trillion. No doubt,…
Skyway Aviation Handling Company Revenue Soars By 54% In 2025
BY NGOZI ONYEAKUSI Skyway Aviation Handling Company Plc delivered a robust financial performance for the year ended December 31, 2025, with profit after tax more than doubling to billion, underscoring…
Plateau Must Not Bleed Again: Yilwatda Commends Tinubu’s Visit, Demands Decisive Action Against Killers
BY NGOZI ONYEAKUSI Professor Nentawe Yilwatda, National Chairman of the All Progressives Congress (APC), has commended the visit of President Bola Ahmed Tinubu, GCFR, to Plateau State to commiserate with…
NAICOM, stakeholders commends Daily Economy, Author at insurance book launch
BY NGOZI ONYEAKUSI L-R: General Manager, Production, Punch Nigeria Limited, Mr Olayinka Popoola, President of the Chartered Insurance Institute of Nigeria (CIIN), Mrs. Yetunde Ilori; Publisher, Daily Economy, Nike Popoola;…
FG Launches $2bn Digital Economy Research Clusters to Boost Innovations
The Federal Government has launched a $2 billion digital economy research clusters to boost innovations in the academia. Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, stated this…
World Bank approves $500m credit for Nigeria’s agricultural value chains
The World Bank has approved a $500m International Development Association credit to boost Nigeria’s agricultural sector under a new programme targeting smallholder farmers, value chains, and food security. The funding…
Money Laundering: CBN Mandates Financial Institutions On Real-time Monitoring
The Central Bank of Nigeria (CBN) has In a bid to curb money laundering and terrorism financing in the country, the Central Bank of Nigeria (CBN) has mandated financial institutions…
CBN Concludes Recapitalisation, Banks Raise N4.65trn, 33 Out 37 Scale The Hurdles
CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN), has disclosed that it has concluded the banking sector recapitalisation with Nigerian banks raising a total of trillion in new…
FirstBank Sponsors Samuel Okwaraji U-16 Football Championship 2026
BY NGOZI ONYEAKUSI FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, is thrilled to announce its sponsorship of the maiden edition of the Samuel…
Adeleye Falade Assumes Office as NLNG’s MD/CEO
Adeleye Falade has officially assumed office as the Managing Director and Chief Executive Officer of NLNG. He took up the role on Wednesday at the company’s Corporate Head Office…
FG Moves to Restore Peace in Plateau
BY NGOZI ONYEAKUSI The Federal Government has reiterated its resolve to protect lives and property across the country, declaring that Nigeria will not bow to criminal elements or acts of…
Leadway Assurance Advances Climate Risk Solutions At Africa Climate Insurance Symposium 2026
Leadway Assurance, Nigeria’s leading insurance services provider, will participate in the Africa Climate Insurance Symposium 2026, scheduled for March 31 to April 1, 2026, in Frankfurt, Germany, to advance climate…
CSCS Enhances Investor Onboarding Services to Improve Market Access, Efficiency
BY NGOZI ONYEAKUSI The Central Securities Clearing System Plc (CSCS) has announced enhancements to its investor onboarding processes aimed at improving efficiency, strengthening service delivery, and enhancing the overall experience…
