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SEC Drafts Tighter Guardrails as Retail Crypto Exposure Grows

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Nigeria’s Securities and Exchange Commission (SEC) has proposed new rules that cap how much retail investors can commit to digital asset offerings while broadening...

NAICOM, IFSB Partner to Strengthen Nigeria’s Takaful Ecosystem

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The National Insurance Commission (NAICOM) reaffirms commitment to expanding Takaful insurance in Nigeria as a tool for deeper insurance penetration and broader financial inclusion. Commissioner...

FCCPC: Withdraw Deceptively Labeled Products Now

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The Federal Competition and Consumer Protection Commission (FCCPC) has directed manufacturers, importers, distributors and retailers to immediately pull consumer goods with incomplete, deceptive or...

NUC Approves City University Abuja for Postgraduate Studies

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The National Universities Commission (NUC) has officially approved City University Abuja to operate as a private postgraduate institution, clearing the way for it to...

SEC Directive: No More DPRK, Iran Banking in Nigerian Capital Market

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The Securities and Exchange Commission (SEC) has ordered all capital market regulated entities in Nigeria to immediately end correspondent banking relationships and restrict business...

NUPRC Blames Erha, Akpo Disruptions for July Output Drop

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According to the NUPRC data, Nigeria’s crude oil production fell by 4% to an average of 1.505 million barrels per day in July 2026,...

NCC to Stakeholders: Coordinate Before Digging to Save Fibre Cables

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The Nigerian Communications Commission (NCC) attributes the surge in fibre-optic cable cuts during road projects to poor coordination among key stakeholders, particularly the Ministry...

CBN Scraps Restrictions on Standing Lending Facility

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The Central Bank of Nigeria has scrapped rules that barred banks from using its Standing Lending Facility (Discount Window) after trading in the foreign...

NDIC, Lawmakers Tighten Bank Oversight Post-Recap

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The Nigeria Deposit Insurance Corporation (NDIC) has partnered with the House of Representatives Committee on Insurance and Actuarial Matters to bolster Nigeria's financial safety...

NERC Steps In: KAEDC Board Sacked Over N456.5bn Debt

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The Nigerian Electricity Regulatory Commission (NERC) has removed KAEDC’s board and installed its Managing Director/CEO, Dr. Abubakar Umar Hashidu, as administrator for an initial...

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