Author: Ogochukwu Ndubuisi

Moniepoint Microfinance Bank says eligible customers can now check their status and access the Federal Government’s ₦50,000 emergency relief support through its Unstructured Supplementary Service Data (USSD) channel.

Transcorp Power and some tier-1 banks drove momentum on the Nigerian Exchange (NGX), pushing the All-Share Index

Senate Receives Tinubu’s Request for N10.79trn External Borrowing The Senate has received a request from President Bola Tinubu seeking approval for N10.79 trillion external borrowing equivalent to approximately 7.7 billion US dollars to finance part of the 2026 budget deficit. Tinubu’s request was contained in a letter seeking the National Assembly’s approval for the implementation of external borrowings approved in the 2026 Appropriation Act. Reading the letter during plenary, Senate President Godswill Akpabio said the request was made pursuant to Sections 21(1) and 27(1) of the Debt Management Office Establishment Act, 2003. In the letter, Tinubu recalled that the 2026…

FMDQ Securities Exchange Limited has approved and listed 10.00 billion units of ARM Investment Managers Limited’s Series 1 Private Debt Fund at ₦1.00 per unit under its ₦200.00 billion Issuance Programme.

Dr Abubakar Dantsoho, Managing Director of the Nigerian Ports Authority (NPA), says Federal Government

Reps Invite CBN Governor over Alleged Pension Irregularities The House of Representatives has invited the Governor of the Central Bank of Nigeria (CBN) to explain alleged discrepancies in pension payments to the bank’s retirees. The invitation followed the adoption of a motion by Rep. Hussain Jallo (APC-Kaduna) at plenary on Tuesday. Moving the motion earlier, Jallo said that delays in paying pensions, implementing approved pension policies, and delivering other retirement entitlements to former CBN employees were causing severe hardship for affected pensioners. He said there are allegations of non-compliance with contractual agreements affecting the pension entitlements and welfare of CBN’s…

The Central Bank of Nigeria (CBN) raised N2.9 trillion from OMO bills at Tuesday’s primary market auction to mop up excess liquidity in the financial system.

The Nigerian Exchange (NGX) All-Share Index (ASI) climbed on Tuesday, boosted by buying interest in Access Holdings,

Africa Finance Corporation (AFC), and the Green Climate Fund (GCF) today launched the Africa Sovereign Climate Facility

Oil prices surged on Tuesday, supported by bargain hunting following recent price declines and reports of US military strikes on Iran’s Qeshm Island, which heightened concerns over potential