Tinubu approves expansion of PiCNG mandate to include EVs
President Bola Tinubu has approved the expansion of the Presidential Initiative on Compressed Natural Gas (PiCNG) to include electric vehicles (EVs). With the approval, the initiative will now be known…
CBN, Finance Ministry Pledge Stronger Synergy to Sustain Disinflation, Macroeconomic Stability
The Governor of Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, says sustaining macroeconomic stability requires credible monetary policy and strong coordination, alignment of all key stakeholders across the economic…
Nigerian Army Asserts Dominance in Nationwide Crackdown on Terrorists, Saboteurs
The Nigerian Army has neutralised 6 terrorists, arresting 110 suspects, rescuing 4 kidnap victims and recovering arms, IEDs and large volumes of illegally refined petroleum products in coordinated operations across…
Aviation Stakeholders Urged to Incorporate Unmanned Traffic Management into Airport Masterplans
The Managing Director of the Federal Airports Authority of Nigeria, Mrs. Olubunmi Kuku, has outlined efforts to bridge long-standing infrastructure deficits at Lagos airports. Kuku spoke at a Business Breakfast…
Police boss submits framework for establishment of state police to the Senate
The Inspector General of Police, Olatunji Disu, on Thursday, submitted a framework for the establishment of state police to the Deputy Senate President, Jibrin Barau. The move was part of…
NPA simplifies export processes for made-in-Nigeria goods in ports
The Nigerian Ports Authority (NPA) says it has simplified export processes for made-in-Nigeria goods transit through the nation’s ports to be seamless. The Managing Director of NPA, Dr. Abubakar Dantsoho,…
Miscreants set Fagba rail corridor ablaze to evade arrest
The Lagos State Environmental and Special Offences Enforcement Unit (Taskforce) says suspected miscreants set parts of the Fagba Railway Corridor ablaze to evade arrest during a clean-up operation. The agency’s…
NCC introduces new regulation to boost digital security
The Nigerian Communications Commission (NCC) has introduced a new regulation, named “Telecommunications Identity Risk Management System (TIRMS)” platform aimed to boost digital security nationwide, The Executive Vice-Chairman (EVC) of the…
Court Orders Final Forfeiture of N400m Linked to Ex-Air Force Chief to Federal Government
The Federal High Court in Abuja has made an order for final forfeiture of the sum of N400 million allegedly linked to AVM Mikail Abdulraheem to the Federal Government. Justice…
CBN, Financial System and Regulatory Balance, By Arize Nwobu
The financial system is one of the major ‘engines’ which drives the economy towards achieving its growth potential. It is broadly segmented into the capital market and money market…
