The Central Bank of Nigeria (CBN) is seeking to strengthen economic ties with the Middle East and the Nigerian diaspora community in the region. Governor Olayemi Cardoso made this call during a meeting with Talal Al-Humond, Assistant Governor for Monetary Affairs, Saudi Arabia Central Bank, on the sidelines of the inaugural Conference on Emerging Markets Economies in Riyadh. Cardoso emphasized …

Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), has raised an alarm alleging that the Federal Government of Nigeria is employing tricks to perpetually detain him. In an open letter, Kanu claims that there has been serial executive and judicial fraud perpetrated against him since his extraordinary rendition in 2021. This landmark ruling (made by the court …

Federal Government, FGN Securities’ Net Asset Value, NAV, under the Pension Fund Administrators, PFAs’, investment rose significantly by 18.5% to N14.1 trillion at the end of December 2024 from N18.3 trillion in the corresponding period of 2023. The breakdown of the latest data released by the National Pension Commission, PenCom, shows that the FGN Securities accounted for 62.6% of the …