Tinubu draws the line on local government looting

Tinubu draws the line on local government looting

By Okon N. Efut (SAN) There are substantial provisions in the Nigerian Constitution and other enabling enactments of the National Assembly on the creation, structure, function, and funding of the Local Government as the third tier of government in Nigeria. The failure of the Local Government system to work as intended by the makers of the Constitution […]
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Firm unveils smart routing layer to streamline cross-border payments

Firm unveils smart routing layer to streamline cross-border payments

PCXPay has introduced a smart routing system designed to move money “as quickly as a message”, targeting delays and high fees that affect cross-border transfers. The idea emerged from a small experiment: sending €0.50 across a border. The team discovered that many global payment rails, including bank networks, real-time links, and digital-dollar routes, were not […]

Why Nigeria’s oil recovery is being won along its pipelines

Why Nigeria’s oil recovery is being won along its pipelines

Nigeria’s recent gains in crude oil production have revived optimism in a sector long defined by volatility. While attention often gravitates toward upstream investment or policy reform, a quieter transformation has been unfolding along the country’s pipeline network particularly on the Trans Niger Pipeline. Pipeline Infrastructure Nigeria Limited (PINL) has emerged as a central actor […]

Nigeria’s money supply grows to N124.4 trn

Nigeria’s money supply grows to N124.4 trn

Nigeria’s Money Supply (M²) grew by 1.2 percent month-on-month (MoM) to N124.4 trillion in December 2025, from N122.9 trillion in November 2025, reflecting a slight increase in economic activities during this period.

CBN sets new ATM deployment ratio

CBN sets new ATM deployment ratio

Central Bank of Nigeria (CBN) has established New Minimum Standards for ATM Deployment, Operations, Maintenance, and Security.