Wednesday, January 28, 2026
Policies
JUST IN: CBN sets N15k limit for contactless payment
The Central Bank of Nigeria (CBN) has set new transaction limits for contactless payments across the country. The new limits...
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FG to fast-track access to single digit loans for MSMEs – VP Shettima
The Federal Government of Nigeria says it will fast-track MSMEs access to single-digit loans This was disclosed by the Vice...
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CBN mandates banks to obtain customers’ social media handles
The Central Bank of Nigeria in its recent Customer Due Diligence Regulations 2023 mandated Financial Institutions to obtain their customer's...
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FG approves reopening of Seme border for vehicle importation
The Federal Government has approved the re-opening of the Seme border for the importation of vehicles. This was dislosed by...
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FG increases Tinubu’s monthly salary to N8.1 million; VP, lawmakers, judicial officers get 114% salary raise
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has increased the remuneration of President Bola Tinubu, Vice President Kashim Shettima,...
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Nigerian Customs to start charging VAT on diesel imports
Diesel providers in Nigeria are to pay value-added-tax on any diesel or automotive gas oil (AGO) imported into the nation,...
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CBN lifts cash deposit restriction on domiciliary accounts, allows $10,000 daily withdrawals
The Central Bank of Nigeria (CBN) has lifted the restriction it placed on cash deposits into domiciliary accounts while allowing...
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CBN announces changes to Foreign Exchange Market
The Central Bank of Nigeria has announced operational changes to the foreign exchange market. The changes announced by CBN includes...
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Naira floated at I&E window, exchanged at N750/USD on Wednesday
There are indications that the Nigerian currency, the naira has been officially floated at the I&E window, after many years...
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Tinubu signs Electricity Act of 2023; States to generate, transmit and distribute electricity
On Friday, 9th June, President Bola Tinubu signed the electricity act 2023 into law, paving the way for States, companies...
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