Nigeria's National Communications Commission (NCC) has gained veto power over significant telecom deals, a move it claims will benefit investors. The effectiveness of this new regulation will depend on the NCC's ability to approve transactions promptly, which will be crucial for major players like Airtel, MTN, and Glo.

Stakeholders are advocating for the adoption of technology in Nigeria's banking audit sector to improve operational functions, anticipate risks, and enhance assurance in the era of artificial intelligence, according to Punch Business.

Bankers in Nigeria have expressed concerns that traditional audit and governance frameworks are becoming insufficient due to the rapid advancements in artificial intelligence, which is transforming banking operations, risk management, and fraud detection. This warning was made during the 64th Quarterly General Meeting of the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) held in Lagos.

According to Punch, Nigeria's top banks raised their technology budgets by 43% in the first quarter of 2026, investing N119 billion in digital infrastructure. This increase aims to enhance services and address the growing demand for digital transactions.

New data from the Central Bank of Nigeria (CBN) indicates a significant increase of N17.4 trillion in federal government borrowing, which raises concerns about the growing public sector debt and the potential impact on private sector credit availability.

A dispute has arisen between the Organised Private Sector of Nigeria (OPSN) and the Nigeria Revenue Service (NRS) regarding the implementation of new tax laws. This controversy is linked to a directive from the NRS that mandates companies to file their Companies Income Tax (CIT) returns for the year 2026, according to Daily Trust.