My Financial News from Nigeria

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Nigeria , Monday 01 June 2026

News Nigeria: Report Faults Nigeria’s Credit System, Says MSMEs Starved As Banks Favour Risk-Free Returns

Published on: Sunday 17 May 2026
Report Faults Nigeria’s Credit System, Says MSMEs Starved As Banks Favour Risk-Free Returns
News source: https://www.arise.tv/report-faults-nigerias-credit-system-says-msmes-starved-as-banks-favour-risk-free-returns/

New report warns Nigeria’s financial system sidelines MSMEs as high rates and government borrowing discourage productive lending.

News Nigeria: NEITI Warns Of Illicit Financial Flows In Mining Sector

Published on: Thursday 14 May 2026
NEITI Warns Of Illicit Financial Flows In Mining Sector
News source: https://www.arise.tv/neiti-warns-of-illicit-financial-flows-in-mining-sector/

NEITI blames illegal mining, weak regulation and opaque ownership for illicit financial flows undermining Nigeria’s mining sector.

News Nigeria: Illicit Mining, Weak Oversight Draining Nigeria’s Mineral Wealth – NEITI

Published on: Thursday 14 May 2026
Illicit Mining, Weak Oversight Draining Nigeria’s Mineral Wealth – NEITI
News source: https://leadership.ng/illicit-mining-weak-oversight-draining-nigerias-mineral-wealth-neiti/

The Nigeria Extractive Industries Transparency Initiative (NEITI) has raised concerns over illicit mining activities, weak regulatory enforcement, and ...

News Nigeria: Anambra tops Nigeria’s fiscal sustainability ranking

Published on: Sunday 02 November 2025
Anambra tops Nigeria’s fiscal sustainability ranking
News source: https://thenationonlineng.net/anambra-tops-nigerias-fiscal-sustainability-ranking/

Anambra State has emerged as Nigeria’s most fiscally sustainable state, according to BudgIT’s 2025 State of States report, marking a significant leap from second place in 2024 and underscoring the ...

News Nigeria: Tinubu rescued Nigeria’s economy from collapse, restored financial solvency – Soludo

Published on: Thursday 12 June 2025
Tinubu rescued Nigeria’s economy from collapse, restored financial solvency – Soludo
News source: https://thenationonlineng.net/tinubu-rescued-nigerias-economy-from-collapse-restored-financial-solvency-soludo/

Governor Chukwuma Soludo of Anambra State has attested that President Bola Ahmed Tinubu’s administration rescued Nigeria’s economy from imminent collapse and returned public finances to a path of ...

News Nigeria: Suicide bomb blasts in Nigeria's Borno state kill 18, seriously injure dozens

Published on: Sunday 30 June 2024
Suicide bomb blasts in Nigeria's Borno state kill 18, seriously injure dozens
News source: https://www.upi.com/Top_News/World-News/2024/07/01/nigeria-suicide-bomb-blasts/3541719803443/

July 1 (UPI) --At least 18 people were killed and dozens more were injured in a series of seemingly targeted suicide bomb blasts in Nigeria's northeastern Borno state, officials said. The first bomb ...

News Nigeria: EFCC seeks stronger collaboration with Taraba judiciary to curb financial crimes

Published on: Wednesday 18 February 2026
EFCC seeks stronger collaboration with Taraba judiciary to curb financial crimes
News source: https://dailypost.ng/2026/02/19/efcc-seeks-stronger-collaboration-with-taraba-judiciary-to-curb-financial-crimes/

The Economic and Financial Crimes Commission (EFCC) has stated that enhanced collaboration with the Taraba State Judiciary will be pivotal in curbing financial crimes in the state. The acting Zonal ...

News Nigeria: Nigeria sees first blockchain-enabled mutual insurance model

Published on: Tuesday 31 March 2026
Nigeria sees first blockchain-enabled mutual insurance model
News source: https://businessday.ng/insurance/article/nigeria-sees-first-blockchain-enabled-mutual-insurance-model/

Nigeria’s insurance industry is entering a new era of innovation with the launch of its first blockchain-enabled mutual insurance model…

News Nigeria: Analysis: As Banking Recapitalisation Ends, Nigerian Banks Enter New Era Of Resilience And Growth

Published on: Tuesday 31 March 2026
Analysis: As Banking Recapitalisation Ends, Nigerian Banks Enter New Era Of Resilience And Growth
News source: https://www.arise.tv/analysis-as-banking-recapitalisation-ends-nigerian-banks-enter-new-era-of-resilience-and-growth/

Bank recapitalisation strengthens Nigeria’s financial system, setting stage for investment, infrastructure financing, digital growth, and economic transformation.

News Nigeria: Rewiring Nigeria’s financial system: Inside the CBN’s push for bank stability

Published on: Saturday 28 March 2026
Rewiring Nigeria’s financial system: Inside the CBN’s push for bank stability
News source: https://businessday.ng/life/article/rewiring-nigerias-financial-system-inside-the-cbns-push-for-bank-stability/

Nigeria’s financial system entered 2023 under severe strain, caught in the crosscurrents of a weakening currency, surging inflation and eroding investor confidence that threatened to spill into a broader banking crisis. The country, once Africa’s largest economy, had slipped to fourth place behind South Africa, Egypt and Algeria, while inflation climbed from

News Nigeria: Edun: Nigeria’s Expanded International Tax Cooperation To Recover Revenues Lost To Illicit Flows

Published on: Tuesday 31 March 2026
Edun: Nigeria’s Expanded International Tax Cooperation To Recover Revenues Lost To Illicit Flows
News source: https://www.arise.tv/edun-nigerias-expanded-international-tax-cooperation-to-recover-revenues-lost-to-illicit-flows/

Nigeria expands international tax cooperation, deploying information exchange mechanisms to recover revenues lost through illicit financial flows.

News Nigeria: Lagos Advances To Phase 2 Of International Financial Centre Project, Stakeholders Gather In UK

Published on: Tuesday 10 March 2026
Lagos Advances To Phase 2 Of International Financial Centre Project, Stakeholders Gather In UK
News source: https://www.arise.tv/lagos-advances-to-phase-2-of-international-financial-centre-project-stakeholders-gather-in-uk/

Lagos advances international financial centre project, stakeholders gather in UK as part of plans to position Nigeria as major finance hub.

News Nigeria: Nigeria’s e-Commerce: Send Jon fulfillment services set new standards in logistics

Published on: Monday 02 September 2024
Nigeria’s e-Commerce: Send Jon fulfillment services set new standards in logistics
News source: https://thenationonlineng.net/nigerias-e-commerce-send-jon-fulfillment-services-set-new-standards-in-logistics/

In Nigeria’s e-commerce sector, the demand for reliable order fulfillment services has never been higher. As online retail continues to grow, companies face increasing pressure to deliver products ...

News Nigeria: Jumia celebrates 10 years of e-commerce in Nigeria

Published on: Friday 01 July 2022
Jumia celebrates 10 years of e-commerce in Nigeria
News source: https://www.pulse.ng/story/jumia-celebrates-10-years-of-e-commerce-in-nigeria-2024072516524794134

#FeatureByJumia: Nigeria’s leading e-commerce platform, Jumia, commemorated this Wednesday its 10 years of e-commerce in Nigeria with an Anniversary Luncheon. Read more.

News Nigeria: A timeline of attacks in Nigeria’s northeastern Borno state

Published on: Tuesday 17 March 2026
A timeline of attacks in Nigeria’s northeastern Borno state
News source: https://apnews.com/article/nigeria-bombings-maiduguri-borno-state-timeline-b32c34012ddb458f30b1c45bc5350653

At least 23 people were killed and more than 100 wounded in suspected suicide bombings Monday night that targeted Maiduguri city in northeastern Nigeria, police said Tuesday.

News Nigeria: Agriculture…the future Nigeria is avoiding

Published on: Thursday 08 August 2013
Agriculture…the future Nigeria is avoiding
News source: https://thenationonlineng.net/agriculturethe-future-nigeria-is-avoiding/

In the 1960s, before it turned to oil, Nigeria was one of the most promising agricultural producers in the world. Between 1962 and 1968, export crops were the country’s main foreign exchange earner.

News Nigeria: FG, rallies stakeholders to boost inmate rehabilitation via agriculture

Published on: Friday 20 March 2026
FG, rallies stakeholders to boost inmate rehabilitation via agriculture
News source: https://businessday.ng/news/article/fg-rallies-stakeholders-to-boost-inmate-rehabilitation-via-agriculture/

The Federal Government has rallied key stakeholders across the public and private sectors to strengthen inmate rehabilitation through...

News Nigeria: Fragile Peace Shattered: Deadly Attack Rocks Katsina, Nigeria

Published on: Wednesday 18 March 2026
Fragile Peace Shattered: Deadly Attack Rocks Katsina, Nigeria
News source: https://www.devdiscourse.com/article/law-order/3842729-fragile-peace-shattered-deadly-attack-rocks-katsina-nigeria

In Katsina, Nigeria, an attack on Tuesday left 18 people dead, showcasing the instability of peace deals with armed groups. Despite amnesty efforts, rural communities remain vulnerable to violent raids. The recent onslaught marks the second significant incident within a month, highlighting ongoing security challenges in the region.