Category : Search result: credit policy regulation


Lagos to Regulate Informal Spaces Under New Plan

Lagos State Government announces decisive steps to regulate informal spaces like road setbacks and under-bridge areas. Commissioner Dr. Oluyinka Olumide outlines plan for safety and sustainable urban growth. Read more.

FG Orders Road Contractors to Stay on Site for Christmas

Works Minister David Umahi directs contractors on major highways to remain on site during the festive season to ease gridlock. FG also announces N263bn payment plan for contractors, pending verification of N2.13trn debt.

ARCON: Oyo State's Ad Vetting Directive is Unlawful

Nigeria's national ad regulator, ARCON, declares Oyo State's mandatory pre-vetting for betting ads unconstitutional. The move could cripple operations and set a dangerous precedent for the industry.

Senate Confirms New NMDPRA, NUPRC CEOs After Resignations

The Senate has confirmed new heads for Nigeria's oil regulatory bodies following the resignations of Farouk Ahmed and Gbenga Komolafe amid serious corruption allegations from Aliko Dangote. Read the full details of the scandal and swift political response

New Gaming Law Signed in Enugu, Takes Effect 2026

Governor Peter Mbah has enacted the Enugu State Gaming and Lottery Commission Law 2025, replacing a 2004 law. The new regime introduces strict oversight, consumer protection, and a charitable trust fund.

Nigeria's Mother Tongue Education Policy Revoked

The Federal Government's controversial cancellation of the 2022 National Language Policy sparks outrage. Education stakeholders demand reversal, citing threats to Nigeria's linguistic heritage and flawed reasoning.

CBN Withdraws Licenses of Two Mortgage Banks

The Central Bank of Nigeria has revoked the operating licenses of Aso Savings and Union Homes for regulatory breaches. Discover the full story and what it means for Nigeria's financial sector.

Police Resume Tinted Glass Enforcement Jan 2, 2026

The Nigeria Police Force announces the resumption of tinted glass permit enforcement on January 2, 2026, citing security concerns. The move sparks public debate as the case remains in court.

EU fines Elon Musk's X €120m for DSA rule breaches

The European Union has imposed a €120 million fine on Elon Musk's X for violating the Digital Services Act over deceptive blue checks and ad transparency. Read the full story on the clash between Brussels and Washington.

Trump's New Strategy Shifts US Global Role

President Trump's new security strategy vows a major shift from global dominance to regional focus in Latin America, a hardline on migration, and confrontation with European allies. Read the full analysis.

TikTok to Block Under-16s in Australia from Dec 10

TikTok will comply with Australia's new social media ban for under-16s starting December 10. The law, a world-first, imposes heavy fines. Read how this affects Nigerian youth and global policy.

Oshiomhole's OPay, Moniepoint Accounts Hacked

Senator Adams Oshiomhole recounts his ordeal with hackers who siphoned funds from his fintech accounts, calling for stricter regulations. OPay responds to shutdown rumours.

$50m Credit Boost for Northern Nigeria MSMEs

British International Investment and FCMB partner to provide a $50 million credit facility, with 70% targeting MSMEs in Northern Nigeria and 30% for women-owned businesses nationwide. Read more.

EU Investigates Meta Over WhatsApp AI Competition

The European Union has opened an antitrust investigation into Meta, concerned its new WhatsApp AI policy may stifle competition. This marks the bloc's latest move to regulate Big Tech.

FG Launches Device Credit for 15,000 Nigerians

The Federal Government, via CREDICORP, launches a national digital device credit programme to make smartphones and laptops affordable for over 15,000 working Nigerians, boosting digital inclusion.

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