The Central Bank of Nigeria (CBN) is set to auction N5.8 trillion worth of Treasury Bills (NTBs) between July and September 2026, its largest quarterly issuance programme this year, as it intensifies efforts to mop up excess liquidity, curb inflation and support the naira. The Q3 2026 Treasury Bills Issuance Programme shows the apex bank plans to conduct 13 auctions between July 1 and September 23, signalling a more aggressive liquidity management strategy than in previous quarters. After deducting N2.64 trillion worth of Treasury Bills expected to mature during the quarter, the programme translates to net new borrowing of about…
Author: Elvis Eromosele
Mr. Emmanuel Ovaga, the Chief Executive Officer (CEO) of PufferPay Limited will deliver the keynote paper at the 3rd Business Journal Fintech & Financial Inclusion Roundtable 2026 scheduled for Friday, July 31, 2026 at Oriental Hotel, Lekki Road, Victoria Island, Lagos. The theme of the Roundtable is Fintech: Driving the Future of Digital Financial Ecosystem in Nigeria. Mr. Emmanuel Ovaga is a graduate of Computer Engineering from the Enugu State University of Science and Technology, Enugu State. He is a technology entrepreneur and business leader with a strong track record in building and scaling innovative digital and enterprise solutions across…
Dr Aminu Maida, Executive Vice Chairman and the Chief Executive Officer (EVC/CEO), Nigerian Communications Commission (NCC), has reaffirmed the Commission’s commitment to continued collaboration and partnership with stakeholders to make Nigeria’s telecom industry remain resilient and sustainable. Dr Maida, who stated this while receiving a delegation of the Nigeria Institute of Public Relations (NIPR) led by Dr Ike Neliaku, its National President, at the Commission’s Head Office, Monday in Maitama, Abuja, noted that the Commission will continue to partner with relevant professional bodies, including NIPR, in promoting public awareness, responsible communication, and stakeholder engagement on issues relating to the telecommunications…
The Federal Government has strongly condemned the killing of two Nigerian citizens in South Africa, warning that it may adopt tougher diplomatic measures if attacks against Nigerians continue. In a statement issued on Sunday by Kimiebi Imomotimi Ebienfa, the spokesperson for the Ministry of Foreign Affairs, the government described the latest killings as disturbing and indicative of a growing pattern of violence against Nigerians and other foreign nationals living in South Africa. The warning comes amid heightened diplomatic tensions between both countries following weeks of xenophobic protests and the ongoing evacuation of Nigerians seeking refuge from violence. According to the…
By Elvis Eromosele In a country where “national service” has too often translated into national sacrifice, the Federal Government has rolled out what it calls the most comprehensive overhaul of the National Youth Service Corps (NYSC) in its 53-year history. Approved by the Federal Executive Council (FEC), the reforms promise a shift to civilian operational leadership, technology-driven call-ups, extended orientation camps, specialised career streams, and a spiffy new uniform to replace the threadbare, sweat-inducing khaki that has defined generations of reluctant graduates. One can almost hear the applause in Abuja. Meanwhile, parents across the federation exhale a cautious sigh, wondering if…
History was made at the 26th MILO Basketball Championship National Finals as King Amakree Academy, Rivers State, and Government Secondary School (GSS), Gboko, Benue State, claimed their first-ever national titles, reinforcing the championship’s enduring legacy as Nigeria’s leading platform for discovering and developing young basketball talent. Held at the Indoor Sports Hall of the National Stadium, Surulere, Lagos, the National Finals brought together the four conference champions from across the country alongside the two best-performing runners-up. Following an exciting group stage, the top teams advanced to the championship finals, where two new national champions emerged. In the girls’ final, Government…
Dr Kashifu Inuwa, Director General of the National Information Technology Development Agency (NITDA), has said the future of Nigeria’s banking industry will be driven less by capital accumulation and more by artificial intelligence (AI), regulatory technology (RegTech), and cyber resilience. Inuwa made this assertion while speaking on the panel titled “The Efficiency Frontier – AI, RegTech and Cyber Resilience” at the Future of Banking Nigeria Summit organised by CNBC Africa in Lagos. He noted that the banking sector has entered a new phase where digital trust, technology resilience, and customer confidence are now the main drivers of competitiveness. Inuwa acknowledged…
Sahara Group has appointed Folake Soetan as the new Managing Director of Arahas Global Oilfield Services, effective July 1, 2026. The appointment is part of Sahara Group’s “Beyond XXX” agenda, which focuses on deepening impact, strengthening operational excellence, and advancing sustainable energy delivery across Africa. Commenting on the appointment, Sahara Group Executive Director, Adedeji Odunsi, highlighted Soetan’s track record and the strategic importance of the role. “Our focus is on building future-ready platforms anchored on strong leadership, clear strategy, and disciplined execution. Folake’s appointment reflects our commitment to empowering leaders who can translate ambition into measurable outcomes across our energy ecosystem.”…
PZ Cussons Nigeria Plc has appointed Ms. Oghenekevwe Ogefere as its new Company Secretary, effective July 1, 2026. The company disclosed this in a notice signed by its Chief Executive Officer, Oghale Joseph Elueni. Ogefere’s appointment follows the expiration of the engagement of Alsec Nominees Limited as Company Secretary. The Board of Directors approved her appointment at a meeting held on June 30, 2026. The company expressed appreciation to Alsec Nominees Limited for its professional service and contributions during its tenure. Ogefere currently serves as Head of Legal at PZ Cussons Nigeria. She brings over 13 years of experience in…
The Securities and Exchange Commission (SEC) has granted Approval-in-Principle (AIP) to seven new digital asset companies under its Accelerated Regulatory Incubation Programme (ARIP), expanding Nigeria’s regulated crypto ecosystem. The Commission announced the development on Friday, saying the approvals allow the firms to operate within the regulatory sandbox under strict supervision while working toward full licensing. The Seven Newly Approved Companies: – Bitbarter Technologies Limited – Luno Fintech Nigeria Limited – GetEquity Limited – Koinkoin Global Network Limited – Wrapped CBDC Ltd – Trovotech Ltd – Blockvault Custodian Ltd The SEC clarified that the Approval-in-Principle confirms each company has met the…