The CBN described JPMorgan’s proposed expansion as evidence of growing international interest in Nigeria’s financial markets.
The Development Bank of Nigeria has signed a $61 million gender-focused financing agreement with the African Development Bank to support women-led businesses.
The Nigeria Customs Service has completed factory tests on newly acquired cargo scanners and an electronic tracking system in China before shipping them to Nigeria.
Business leaders operating between Nigeria and China have called for more efficient cross-border payments and stronger banking ties.
Cash held outside Nigeria’s banks increased to N4.92 trillion in September 2026, accounting for nearly nine out of every N10 in circulation.
NEC endorsed a 90-day economic action plan to ease the cost of living for Nigerians, focusing on food affordability and household support.
Mr Oyedele outlined the targets at the National Capital Market Conference in Abuja, adding 14 million individual investors and 104 companies to the market.
The Nigeria Customs Service has opened a review of complaints by applicants screened out of its recruitment exercise despite appearing on the shortlist.
Mr Cardoso would replace Ireti Samuel-Ogbu, who had chaired the board since April 2025.
Mr Oyedele said the reforms showed the importance of introducing economic policies in the right order, explaining government decisions clearly and gaining public trust.
