By Emma Ujah, Abuja Bureau Chief The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele and his Federal Capital Territory (FCT) counterpart, Barr. Nyesom Wike have met to finetune the tax administration in the FCT. Mr. Oyedele, in a statement on Sunday, described it as a, “productive bilate…

…speed The debate comes against the backdrop of existing CBN regulations governing microfinance banks. A March 2020 CBN circular requires all MFBs to submit audited financial statements and abridged accounts to the Director of the Other Financial Institutions Supervision Department (OFISD) for approval within four month…

…construction costs, UNCTAD estimates that $500 billion in annual interest savings could finance approximately 375,000 new schools each year, serving around 375 million students. The report also highlighted that lower borrowing costs could support investments in healthcare, transportation, renewable energy, and nutritio…

…in a bid to improve transparency, Buckingham Palace confirmed to AFP on Sunday, as royal finances come under increasing public scrutiny in Britain. British monarchs are legally exempt from paying certain taxes, though they have paid some duties voluntarily for decades. They also have no obligation to disclose their pri…

…fintech companies are no longer being viewed merely as startups disrupting traditional finance. The CBN increasingly views them as critical components of the country's financial architecture. Once regulators reach that conclusion, questions about ownership, influence, and control become impossible to ignore.

…Nigeria's economy, contributing nearly 30% of the nation's GDP while driving commerce, finance, industry, and innovation across West Africa. It is also seen as the cultural and creative heartbeat of Nigeria. Its rapid urbanisation, vibrant entrepreneurial ecosystem, and strategic coastal location have cemented its stat…

…systems, weak market infrastructure, climate-related challenges, and limited access to finance. He stated that the Katsina State Government was already taking deliberate steps to address some of these challenges through market upgrades, improved agricultural support programmes, livestock development initiatives, and pa…

Nollywood actress, Nancy Isime has shared her opinion on the role of finance in relationships and marriages. The movie star said she doesn’t believe that marrying a poor partner can make a woman live a fantastic life. Speaking in a recent episode of the Tea With Tay podcast, Isime explained that financial pressure can…

…has taken a significant step toward advancing Nigeria’s participation in global climate finance mechanisms through a high-level engagement at the United Nations Framework Convention on Climate Change (UNFCCC) platform. The engagement brought together key stakeholders from government institutions, international climate…

…in society is a business opportunity. Issues around electricity, food, logistics, and finance have created opportunities for entrepreneurs in sectors like fintech, agritech, renewable energy, and solutions that reduce the cost of living. Nigeria is not collapsing; it is experiencing a difficult transition. Businesses t…

…positioned as Africa's leading geo-economic hub, leveraging trade, infrastructure, finance, technology and human capital to drive prosperity across Nigeria, West Africa and the global economy. Sanwo-Olu made the assertion on Saturday at the Geo-Economic Optimization Summit Lagos 2026, organised by the Citadel School of…

Emmanuel Okotie-Eboh, son of ex-finance Minister, Chief Festus Okotie-Eboh, has described Federal Capital Territory Minister, Nyesom Wike, as one of the most influential, outspoken and result-oriented political figures in contemporary Nigeria. Okotie-Eboh hailed Wile, saying he has established a reputation as a leader…

…up. In Lagos, Emeka Okafor has what many would consider a good situation. He works in finance, draws a salary that places him comfortably within what is still classified as the middle class, and is employed by a firm that pays on time. By most measures, he is doing well. But ask him how he is really doing, and the answ…

…kidnappers' den. Terrorists raked in billions as this became a source of huge revenue to finance their nefarious activities. But this was not without its controversy as critics said it only encouraged more kidnappings and there was even a move in the National Assembly to impose punishment on families who paid ransom to…

...Calls for shift from 'Rule of Law' to 'Rule of Justice' in global finance Chima Anyaso, Nigerian entrepreneur,

…disputes in the education sector and questions surrounding the management of state finances. “Whenever questions are asked about the over N1.3 trillion that has accrued to Benue state under the present administration, Governor Alia and his appointees quickly blame Ortom. “Whenever the administration struggles to explai…

…flight," she said. However, Asinobi is clear. For travellers, she advises getting their finances in order first. The financial strategy is not complicated. "If you earn less than ?500,000 ($366.93)* a month, focus on increasing your income before you focus on travelling," she said, "Build a dedicated travel fund, even…

…to N109.5 billion, further supporting pre-tax profit. Cost pressure remained visible as finance costs increased to N26.5 billion from N22.2 billion, while general and administrative expenses increased to N93.1 billion from N56.2 billion. The company also recorded non-recurring items including a N40.2 billion crude over…

…Sawyerr; the Minister of Education, Dr Maruf Olatunji Alausa; and the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, to intervene immediately and ensure that all issues responsible for the delay are resolved. He urged the authorities to provide students with a clear explanation and commence…

…allocation. Speaking at an earlier stakeholders' engagement, the Commissioner for Finance, Kenneth Lekue, said the state government recognises the importance of the exercise, particularly its relevance to revenue allocation and improved fiscal planning. Lekue noted that the government has put necessary measures in plac…

…on seven strategic pillars, including governance and legal reforms, access to affordable finance, digitalisation and data management, capacity building, value-chain development, inclusion of women, youths and persons with disabilities, as well as strategic partnerships and investments. The minister revealed that nation…

…Akintunde Sawyerr, the Minister of Education, Dr. Olatunji Alausa, and the Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, to urgently intervene and address all issues responsible for the delay. He urged the authorities to provide a clear explanation to students and ensure the immediate…

…about the monarch's humble upbringing, including how he reportedly sold firewood to finance his education, describing the story as an inspiration to younger generations. The governor further praised the Obi of Onitsha's ability to foster peace, bridge divides, and unite people across ethnic, political, and religious li…

…the EIB had also entered into a financing agreement with Wema Bank to improve access to finance for underserved businesses while encouraging environmentally sustainable business practices. Speaking on the Omi Eko Project, Fayolle described it as one of the European Union’s flagship projects in Lagos. He explained that…

…of retailers now use digital payment solutions, creating opportunities for embedded finance products and data driven lending models that could help bridge the existing credit gap. The report further identified technology enabled distribution, embedded finance and digital commerce platforms as becoming increasingly impo…