CBN Says Banking Reforms Strengthen Nigerian Banks’ Capacity

CBN introduces regulatory tracks for virtual assets and data-enabled services

By Oluwakemi Kindness The Central Bank of Nigeria (CBN) says reforms in the banking sector are strengthening the capacity and resilience of Nigerian banks to support sustainable economic growth. The Director of the CBN’s Stakeholder Engagement and Institutional Relations Department, Hakama Sidi-Ali, stated this at the CBN Listens Programme in Ibadan, Oyo State. According to […]

NAICOM Urges Insurers to Help Finance Nigeria’s Infrastructure

NAICOM officials at an event discussing insurers’ role in financing Nigeria’s infrastructure development.

By Oluwakemi Kindness The National Insurance Commission (NAICOM) has urged insurers to support Nigeria’s infrastructure development through pooled funds, infrastructure bonds and risk guarantees. The Commissioner for Insurance, Olusegun Ayo Omosehin, made the call on Wednesday at the 2026 National Insurance Brokers Conference in Abuja. According to him, the country cannot bridge its infrastructure gap […]

Adesugba Calls for Tracking of $1tn Economy Target

By Oluwakemi Kindness The First Deputy President of the Abuja Chamber of Commerce and Industry, Professor Adesoji Adesugba, has called on economic journalists to develop a quarterly tracker to monitor Nigeria’s progress towards its one-trillion-dollar economy target by 2030. Adesugba made the proposal at the 20th anniversary conference of the Commerce and Industry Correspondents Association […]

FG Pledges Support for Credible Investors, Says Shettima

By Mardiyyah Abubakar Vice President Kashim Shettima says the Federal Government is ready to support viable and credible investments across Nigeria. Shettima spoke on Monday at the Delta Economic and Investment Summit in Asaba, where government officials, investors and business leaders discussed ways to attract local and foreign investments. He said the growing number of […]

SMEDAN DG urges governors to boost MSMEs

By Oluwakemi Kindness Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, has urged state governors to establish more MSME development and skill acquisition centres and provide matching funds to accelerate the growth of small businesses across the country. Speaking at the 2026 World MSME Day celebration in Abuja at […]

Nigeria Credit Rating Upgrade Boosts Reform Debate

Officials discuss the role of independent credit ratings in strengthening Nigeria's microfinance banking sector

By Oluwakemi Kindness Nigeria’s recent sovereign credit rating upgrade from B- to B has renewed discussions on the country’s economic direction and what it means for ordinary citizens. The upgrade reflects growing confidence in Nigeria’s ongoing economic reforms, although the country still remains below investment-grade status. To address these critical milestones, DataPro Limited, Africa’s fastest-growing […]

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