News

A major market gauge measuring trader emotions recently collapsed to a single-digit score of just 8. The largest digital token is currently fighting to hold its ground around the 63,000 dollar line. Massive institutional investment funds have recorded...

The Nigerian Financial Intelligence Unit (NFIU) says terrorists, kidnappers, drug traffickers, cybercriminals, and other organised criminal groups depend on illicit financial flows, with financial intelligence increasingly helping to disrupt their operations. The agency disclosed that intelligence generated by...

President Bola Tinubu has signed an Executive Order creating a coordinated regulatory framework for virtual assets, bringing key financial, security and revenue agencies under a unified oversight structure. The new framework establishes a Virtual Assets Council chaired by...

RenCap estimates Nigerian banks may need to raise more than ₦1.7 trillion if the CBN adopts its proposed HoldCo capital framework. Access Holdings faces the largest projected funding gap, while UBA, Zenith Bank, and Fidelity Bank could also...

The father of the late Mary Habila has petitioned the Inspector General of Police, demanding the immediate release of his daughter's remains, nearly two weeks after her death, saying the family's prolonged wait has deepened its grief. The...

The total national savings in foreign cash have climbed way up to 52 billion dollars. Clean spendable savings made a massive jump from 3 billion dollars to over 40 billion dollars. New economic policies managed to clear away...

IGP Tunji Disu warns that illicit arms are being transported from insurgency and banditry hotspots in Maiduguri and Zamfara to the South-West through road and water routes, describing the trend as a growing national security threat. The police...

NITDA has transferred Nigeria's Public Key Infrastructure (PKI) to NIMC, strengthening the country's digital identity security framework under the newly amended NIMC Act. The handover positions NIMC as Nigeria's Root Certification Authority, giving it responsibility for securing digital...

The Securities and Exchange Commission has launched a nationwide campaign to help investors recover unclaimed dividends and other funds linked to capital market transactions. The initiative will educate Nigerians on verifying and claiming unclaimed dividends, public offer refunds,...

The Catholic Caritas Foundation of Nigeria has called on the Federal Government to officially declare banditry a humanitarian emergency to mobilise a more effective, coordinated response. Caritas representatives warned that current informal IDP settlements in the North-West lack...