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The Federal Government has approved the rollout of a biometric passenger identity verification system, known as VPASS, across domestic airports in Nigeria to enhance security and improve passenger identification. The disclosure was made by the Minister of Aviation and Aerospace…
Read moreNigeria’s mounting backlog of unpaid contractors is emerging as a hidden credit risk, with investors increasingly factoring it into the country’s fiscal outlook. The post FG contractor arrears raise credit risk as investors price pressure appeared first on Nairametrics.
Read moreNigeria’s agent banking ecosystem is entering a new phase as regulators move to address long-standing concerns around fraud, failed transactions, and operational inconsistencies across the system. The Central Bank of Nigeria introduced updated guidelines on April 1, 2026, setting new…
Read moreMost recent market activity has revealed that, despite rising demand for assets denominated in naira and weak UK economic performance, the Naira was stable versus the British pound in the Nigerian foreign exchange market. The post Naira maintains stability against British Pound Sterling at…
Read moreNigeria’s poverty rate rose to 63% in 2025, even as inflation eased sharply, highlighting weak transmission of macroeconomic gains to households, according to the World Bank. The disclosure was made in the Nigeria Development Update (April 2026) titled “Nigeria’s Tomorrow…
Read moreThe Association of Commonwealth Universities has announced the opening of applications for its fully funded 2026 Queen Elizabeth Commonwealth Scholarships. The post Commonwealth Universities opens applications for 2026 fully funded scholarship for Nigerians, others appeared first on Nairametrics.
Read moreThe National Insurance Commission (NAICOM) has issued sweeping new guidelines mandating all insurers and reinsurers to contribute to the Insurance Policyholders’ Protection Fund (IPPF), marking a major regulatory shift aimed at safeguarding policyholders against insurer insolvency. The post BREAKING: NAICOM…
Read moreThe Central Bank of Nigeria (CBN) has warned that increased capital buffers should not lead to excessive risk-taking, urging bank boards to recalibrate risk appetite frameworks and align capital allocation with long-term value creation. The post CBN warns banks against…
Read moreThree weeks ago, I noted that the Gulf conflict had delivered Nigeria a windfall with a sting. The sting, it was argued, lay not only in rising domestic fuel prices and inflationary pressure, but in the more durable danger that a temporary fiscal…
Read moreThe Federal Government has inaugurated a technical committee to review a proposed $200 billion integrated gas, power and high-speed rail project submitted by De-Sadel Nigeria Limited. The post FG sets up committee to review $200 billion proposed gas, power and rail project appeared first on…
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