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State governments recorded at least N435.25 billion in revenue from a relatively new Federation Account Allocation Committee intervention for infrastructure and security between January and June 2026, according to available half-year budget implementation reports covering 29 states. The intervention is recorded in state financial documents as “State Infrastructure and Security” under the National Chart of […]

The Central Bank of Nigeria (CBN) has called for wider adoption of alternative payment channels to expand access to financial services and stimulate economic activity across the country. The Acting Director of the CBN’s Corporate Communications and Investor Relations Department, Hakama Sidi-Ali, made the call at the 2026 CBN Fair held in Lokoja, Kogi State.

The Chief Executive Officer of Coronation Registrars Limited, Oluseyi Owoturo, has stressed that purposeful innovation is critical to the sustainable growth and expansion of Nigeria’s capital market. Owoturo said innovation must be focused on addressing operational challenges, improving efficiency and enhancing the experience of investors and other participants in the market. He made the remarks

Femi Otedola has increased his investment in First HoldCo Plc following the purchase of an additional 147.74 million shares in the financial services group for N20.7bn. The transaction was executed on August 14 at N140 per share through Calvados Global Services Limited, an investment vehicle associated with the billionaire businessman. The latest acquisition adds to

Arigo Technologies International Ltd has launched its digital marketplace platform, MyArigo, as part of efforts to address trust concerns and reduce online scams within Africa’s expanding e-commerce sector. The platform connects consumers with verified businesses, providing enterprises with an opportunity to improve their visibility while giving customers greater confidence when shopping online. Africa’s digital economy