August 4, 2025

Policy update

Economy General Policy update Technology

CBN Orders Banks, Fintechs to Strengthen Sanctions Compliance or Face Regulatory Sanctions

The Central Bank of Nigeria (CBN) has issued a stern directive to banks, payment service providers, and fintech operators across the country, mandating them to reinforce their sanctions compliance frameworks or risk facing stiff regulatory actions. The directive, contained in a circular dated April 17, 2025, was signed by Amonia Opusunju on behalf of the

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General Policy update

General Musa Reaffirms Commitment to Troops, Sets Sights on Ending Insecurity in 2025 During Breaking of Fast at Defence HQ

In a show of solidarity and leadership, the Chief of Defence Staff, General Christopher Gwabin Musa, OFR, joined officers and soldiers of the Armed Forces of Nigeria for the breaking of fast at the Defence Headquarters Chapel, using the occasion to deliver a stirring message of hope and resolve for the year ahead. Addressing the

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Policy update

Cape Verde Frees Six Nigerian Tourists After Outcry Over Detention, Medical Neglect and Rights Violations

Six Nigerian tourists, including David James Udoh, Lily Dada, Oghenero Adaware, Sherifat Abimbola Ogundairo, Jesutomi Aina, and a representative of Ìrìn Travels, have regained their freedom after days of distressing detention by Cape Verdean immigration authorities at Sal International Airport. The group, all aged between 25 and 31, had travelled from Senegal to Cape Verde

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