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In an effort to foster a smooth intra-African trade, financial inclusion, and operational efficiency for Nigerians involved in cross-border payments in Africa, the Nigerian central bank (CBN) has announced a significant review of the documentation requirements for transactions through the Pan-African Payment & Settlement System (PAPSS) in Nigeria. This was announced in a circular dated April 28, 2025 by Bank …

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[Press Release] The Federal Government is destined to pay the five -month suspended arrears N35.000 for the employees of the Federal Government. The General Accounting Office of the Federation (OAGF) made this known in a declaration issued on the day of Mo, on April 28, 2025, in Abuja. The OAGF explained that the Federal Government had previously paid five months …

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The Federal High Court in Abuja has rejected the N1 billion lawsuit filed against former President Muhammadu Buhari and former Governor of the Central Bank Nigeria (CBN), Godwin Emefiele, regarding the controversial Naira 2023 re -design policy. The lawsuit, filed by the legal practitioner Uthman Isa Tochukwu, accused that the policy caused great difficulties and violated its fundamental rights to …