
CBN expands MFB powers to issue CPs and boost capital standards
CBN lets Microfinance Banks issue CPs, raises capital stakes, and pushes consolidation, reshaping Nigeria's financial inclusion landscape.
Read MoreWhen talking about Abuja, the Federal Capital Territory of Nigeria, celebrated for its grid‑like layout and status as the country’s political core. Also known as the FCT, it hosts the presidential office, national legislature, and most foreign embassies. Abuja is more than a dot on the map; it’s a living showcase of Nigeria’s ambition, where new highways meet towering ministries.
Beyond the city limits, the broader Nigeria, West Africa’s most populous nation with a fast‑growing economy relies on the capital to coordinate policies that affect everything from oil exports to tech startups. The Federal Capital Territory, the administrative region that contains Abuja and its surrounding suburbs provides the legal framework for urban planning, security operations, and public services. Because the Nigerian government, the federal executive, legislative, and judicial branches convenes here, any shift in policy—like the recent economic reforms championed by President Bola Tinubu—gets immediate visibility in Abuja’s news cycle.
Abuja’s role as the nation’s decision‑making engine creates a constant stream of stories that touch on infrastructure projects, security briefings, cultural festivals, and diplomatic visits. When the city rolls out a new road network, it directly influences commuter patterns across the entire Federal Capital Territory. When ministries announce budget allocations, businesses from Lagos to Kano feel the ripple effects. The capital also doubles as a cultural showcase; annual events like the Abuja International Film Festival draw artists and tourists, adding a creative pulse to the political backdrop. All these facets—government directives, economic reforms, security updates, and cultural highlights—interact to shape the daily lives of Nigerians and the perception of the country abroad.
Below you’ll find a curated set of recent articles that capture the breadth of Abuja‑related news. From analyses of Tinubu’s reforms and their impact on the capital, to reports on major diplomatic gatherings and infrastructure milestones, the collection offers a snapshot of why Abuja remains the heartbeat of Nigerian affairs. Dive in to see how the city’s unique mix of politics, economy, and culture drives the stories that define modern Africa.
CBN lets Microfinance Banks issue CPs, raises capital stakes, and pushes consolidation, reshaping Nigeria's financial inclusion landscape.
Read More