Cardoso launches Nigerian Overnight Financing Rate

Cardoso launches Nigerian Overnight Financing Rate

•Provides benchmark for pricing loans, deposits By Emma Ujah, Abuja Bureau Chief  The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday, launched the Nigerian Overnight Financing Rate (NOFR), to guarantee greater transparency in the financial market. The NOFR is a daily benchmark interest rate introduced by the CBN in collaboration with […]
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UK appoints Peter Vowles as British High Commissioner to Nigeria

UK appoints Peter Vowles as British High Commissioner to Nigeria

By Ebunoluwa Sessou & Shedrack Osiomwauri The UK Government has announced the appointment of Mr. Peter Vowles as the next British High Commissioner to the Federal Republic of Nigeria. In a statement signed by Senior Communications and Public Diplomacy Officer, Foreign Commonwealth and Development Office, FCDO, British High Commission, Atinuke Akande-Alegbe, Mr Vowles is expected […]

Why I dumped Abacha’s transition programme – Gen. Abdulsalami

Why I dumped Abacha’s transition programme – Gen. Abdulsalami

— Says NADECO lobbied for extension; military not ready to cede power to civilians By Johnbosco Agbakwuru ABUJA — Former Military Head of State, General Abdulsalami Abubakar, has said that he abandoned the late General Sani Abacha’s transition programme because it lacked credibility. Abubakar, who took over government after the death of the then head […]

Building Trust at Scale: PalmPay Joins Industry Leaders at Digital Pay Expo 2026

Building Trust at Scale: PalmPay Joins Industry Leaders at Digital Pay Expo 2026

As digital payment adoption continues to grow across Nigeria and emerging markets, the next phase will depend not just on innovation, but on the strength, reliability, and trustworthiness of the infrastructure behind it.  While the ecosystem has made clear progress in recent years, trust remains a critical issue for users, businesses, and operators alike. Questions […]