Customs, agents disagree over National Single Window operations
By Godwin Oritse & Efe Onodjae There are indications of festering disagreements over the implementation of the National Single Window (NSW), a centralized digital portal launched by the Federal Government in March this year to address delays in import-export processing at the ports. It allows importers and exporters to submit trade documents once, replacing duplicate paperwork […]
Nigeria leads in online gambling regulation
•As illegal market hits $17.8bn By Yinka Kolawole Nigeria has emerged as one of Africa’s most regulated online gambling markets, even as illegal operators continue to dominate the continent, according to a new report by Gaming Compliance International (GCI). The report, the first comprehensive assessment of online gambling across all 54 African countries, showed that Africa’s […]
PenCom to refine investment framework, lunches 3 initiatives
By Emeka Anaeto The National Pension Commission (PenCom) is set to refine its investment frameworks to direct pension capital into critical national assets, including infrastructure, energy, healthcare, and agriculture, while maintaining competitive returns for contributors. These are some of the disclosures made by the PenCom Director-General, Ms. Omolola Oloworaran, at briefing in Abuja, where she outlined […]
Femi Otedola raises First HoldCo stake to 21.96% worth N77.6bn
By Peter Egwuatu Chairman of First HoldCo Plc, Femi Otedola, increased his shareholding in the company to 21.96 per cent yesterday with acquisition of an additional 706.13 million shares valued at N77.58 billion. This was disclosed in a filing obtained from the Nigerian Exchange (NGX), as the latest acquisition raised the volume of shares under his […]
Private sector credit hits N83trn, as money supply surges
By Elizabeth Adegbesan The Central Bank of Nigeria (CBN) has revealed a significant expansion in the country’s financial system, with credit to the private sector rising by 2.8 percent month-on-month to N83.3 trillion in June 2026, up from the N81 trillion recorded in May 2026. However, the apex bank disclosed that credit to the government dipped […]
Zenith Bank wins Africa’s Best Bank, retains Nigeria’s top banking award
Zenith Bank Plc has been named Africa’s Best Bank and Nigeria’s Best Bank for the second consecutive year at the Euromoney Awards for Excellence 2026, reinforcing its position as one of the continent’s leading financial institutions. The awards which were presented in London recognises the bank’s strong financial performance, digital innovation, customer service and contribution […]
