The Central Bank of Nigeria (CBN) on Monday unveiled the Nigerian Payment System Vision 2028 (PSV 2028), a strategic framework designed to transform the country's digital payments landscape, as top officials made clear that the real test of the vision lies not in its ambition but in its delivery. Speaking at the launch held at …
Kiakiago Travels, one of Nigeria's leading IATA-accredited online travel agencies, has announced a landmark brand partnership with JJC Skillz — award-winning rapper, record producer, Nollywood filmmaker, and one of the most enduring cultural figures in Nigerian entertainment. The announcement, made in Abuja on Monday, signals a bold strategic move by the travel company to use …
When the Central Bank of Nigeria's Monetary Policy Committee gathered in February 2026 for its 304th meeting, the mood was one of cautious optimism. Headline inflation had fallen for eleven consecutive months. Reserves had climbed to a 13-year high of $50.45 billion. The naira was holding. The committee voted, 10 to 1, to cut the …
Access Holdings Plc has crossed the ₦1 trillion profit threshold. But beneath the headline numbers lies a more nuanced story of transformation, risk, and strategic repositioning. Here are ten critical things every investor and market watcher must note. The ₦1 Trillion Profit Milestone Is Historically Significant For the first time in its corporate history, …
There is a paradox at the heart of Fidelity Bank Plc's 2025 full-year financial statements: a bank that has never been larger, never held more deposits, and never earned more gross revenue has nonetheless posted a lower profit than it did the year before. For investors, analysts, and regulators watching Nigeria's banking sector navigate one …
How China's $180 billion bet on Africa — from Nigerian railways to Angolan oil — is rewriting the rules of global power, filling the void left by a negligent West, and raising urgent questions about who, ultimately, will pay the price. $180.87B Chinese loans to Africa 2000 – 2024; 1,319 loan commitments across 49 nations; …
By Samuel Aruwan While travelling between Kaduna, Jos and Kafanchan on Saturday, April 25, 2026, where I spent the night, I followed developments in Mali closely. My keen interest in the unfolding events was shaped by my background as a student of conflict-sensitive reporting, which has taught me to pay attention not only to attacks …
The Nigerian banking sector has entered a new phase of financial strength with the completion of the Central Bank of Nigeria’s (CBN) recapitalisation exercise. The programme, aimed at boosting the resilience, competitiveness, and lending capacity of banks, required Nigerian financial institutions to raise their minimum capital by March 31, 2026. The results are nothing short …
In this interview, Professor Uche Uwaleke, President of the Capital Market Academics of Nigeria, shares his insights on the recent recapitalisation of Nigeria’s banking sector. He discusses the importance of recapitalisation in strengthening the financial system, the benefits Nigerians can expect, and the potential risks involved. Professor Uwaleke, what role does recapitalisation play in …
An investigation by Pinnacle Daily has revealed that the Central Bank of Nigeria (CBN) was buzzing with jubilation over the ‘sacking’ of Deputy Governor, Operations Directorate, Bala Mohammed Bello, just two and a half years after his appointment on 5th October 2023. The jubilation was also shared by former CBN staff who consider themselves …
