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Nigeria’s Central Bank Lowers Rate, Foreign Reserves Surge to $50bn
BY NKECHI NAECHE-ESEZOBOR—Nigeria’s Central Bank of Nigeria has reduced its key interest rate to 26.5 percent, citing easing inflation and stronger banking sector...
FG Denies Paying Ransom for St. Mary’s Schoolchildren Abduction
The Federal Government of Nigeria on Tuesday dismissed as false and baseless claims that it paid a ransom to secure the release...
FG Denies Religious Persecution, Responds to U.S. Congressional Report
The Federal Government of Nigeria on Wednesday responded to a joint report on Christian persecution in the country submitted to the White House...
19 More Nigerians Face US Deportation
No fewer than 19 additional Nigerians have been named on the United States government’s “worst of the worst” criminal list and are scheduled...
Nigerian Army Foils Deadly Ambush by Lakurawa Terrorists in Kebbi
The Nigerian Army has successfully foiled a deadly ambush by the suspected Lakurawa Terrorist Group (LTG) near Mayama Hill in Kebbi State. The...
EO9 Enforces Constitutional Revenue Custody, Not Lawmaking — Presidency
The Presidency has defended Executive Order 9 (EO9), insisting that the directive is firmly grounded in constitutional provisions governing the custody and management...
Tinubu Commends Bago’s Development Strides in Niger State
President Bola Tinubu congratulates Mohammed Umaru Bago, Governor of Niger State, on his birthday and lauds his courage, diligence, and commitment to the...
Wike: APC Victories Reflect Growing Confidence in Tinubu’s Policies
BY NANA IBRAHIM ( ABJ)—The Minister of the Federal Capital Territory, Nyesom Wike, has described the All Progressives Congress (APC)’s performance in the...
Protecting What You Love: Sovereign Trust Brings Fire Safety to Market Community
Insurtech Takes Centre Stage as Coronation Insurance Webinar Holds March 5
NAICOM, BPP Align on Accountability, Efficiency in Insurance and Procurement
Insurance Reform Act 2025 Attracts Foreign Interest as MISR Group Meets NAICOM Leadership
Cornerstone Insurance Unveils Digital-First Learning Academy
FG Approves ₦2.8 Trillion Subsidy Debt to Power Generation Companies
President Bola Ahmed Tinubu has approved ₦2.8 trillion as the Federal Government’s verified electricity subsidy debt owed to power generation companies (GenCos), following...
NNPC Grows Profit to ₦5.76trn, Records ₦60.5trn Revenue
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced 6.67% growth in Profit After Tax (PAT) in the 2025 financial year to...
Renaissance Africa Clinches Energy Deal of the Year Award for $2.4bn Shell Asset Acquisition
Renaissance Africa Energy Company was on Tuesday night named the winner of the Energy Deal of the Year for 2025 at the Awards...
NBS Reports Decline in Cooking Gas Prices
The National Bureau of Statistics (NBS) says the average cost of a 5kg cooking gas cylinder fell slightly in December 2025. In its...
Nigeria: Petrol price drops slightly to N1,048 per litre in Dec 2025
National Bureau of Statistics (NBS) says the average retail price of a litre of petrol witnessed a drop from N1,189.12 in December 2024...
NLNG unveils new logos for Nigeria Prizes
The Nigeria LNG Ltd. (NLNG) says it has unveiled new logos for The Nigeria Prizes as part of a strategic repositioning of the...
SEC: Capital Market Contribution to GDP Rises from 13% to 33%
BY NKECHI NAECHE-ESEZOBOR—Nigeria’s capital market contribution to the nation’s Gross Domestic Product (GDP) has risen sharply from 13 per cent to 33 per...
Seplat Appoints Tony Elumelu as Non-Executive Director
BY NKECHI NAECHE-ESEZOBOR—Following the Company’s prior announcement regarding the sale of Etablissements Maurel et Prom SA (“M&P”) 20.07% shareholding in Seplat to a...
Ardova Plc Achieves ISO 27001 Certification, Reinforcing Commitment to Information Security
Ardova Plc, one of Nigeria’s leading integrated energy companies, has been awarded the prestigious ISO 27001:2022 Certification, the world’s leading standard for information...
DMO Announces N900bn FG Bond Auction Starting January 26
BY NKECHI NAECHE-ESEZOBOR—The Federal Government, through the Debt Management Office (DMO), has announced the subscription details for its upcoming bond auction, offering a...
SEC Raises Capital Base for Operators, Sets June 30, 2027 Deadline
BY NKECHI NAECHE-ESEZOBOR—The Securities and Exchange Commission (SEC) has announced minimum capital requirements for all categories of regulated capital market operators The commission...
SEC, Police to Collaborate in Fight Against Illegal Schemes
The Securities and Exchange Commission (SEC) and the Nigeria Police Force (NPF) have pledged to strengthen their collaboration in combating illegal investment schemes,...
Nigeria’s Central Bank Lowers Rate, Foreign Reserves Surge to $50bn
BY NKECHI NAECHE-ESEZOBOR—Nigeria’s Central Bank of Nigeria has reduced its key interest rate to 26.5 percent, citing easing inflation and stronger banking sector...
Zenith Bank Warns Public Against Fake Investment Endorsement
Zenith Bank Plc has advised members of the public to disregard videos circulating online falsely linking its Group Chairman, Dr. Jim Ovia, to...
Cardoso Hails AU Approval of Nigeria’s Permanent Seat on African Monetary Institute Board
BY NECHI NAECHE-ESEZOBOR—Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has welcomed the approval by the African Union (AU) granting Nigeria...
FG Denies Paying Ransom for St. Mary’s Schoolchildren Abduction
The Federal Government of Nigeria on Tuesday dismissed as false and baseless claims that it paid a ransom to secure the release...
FG Denies Religious Persecution, Responds to U.S. Congressional Report
The Federal Government of Nigeria on Wednesday responded to a joint report on Christian persecution in the country submitted to the White House...
19 More Nigerians Face US Deportation
No fewer than 19 additional Nigerians have been named on the United States government’s “worst of the worst” criminal list and are scheduled...
Nigerian Army Foils Deadly Ambush by Lakurawa Terrorists in Kebbi
The Nigerian Army has successfully foiled a deadly ambush by the suspected Lakurawa Terrorist Group (LTG) near Mayama Hill in Kebbi State. The...
EO9 Enforces Constitutional Revenue Custody, Not Lawmaking — Presidency
The Presidency has defended Executive Order 9 (EO9), insisting that the directive is firmly grounded in constitutional provisions governing the custody and management...
Tinubu Commends Bago’s Development Strides in Niger State
President Bola Tinubu congratulates Mohammed Umaru Bago, Governor of Niger State, on his birthday and lauds his courage, diligence, and commitment to the...
Wike: APC Victories Reflect Growing Confidence in Tinubu’s Policies
BY NANA IBRAHIM ( ABJ)—The Minister of the Federal Capital Territory, Nyesom Wike, has described the All Progressives Congress (APC)’s performance in the...
Tinubu Congratulates Winners of FCT, Kano, Rivers Elections
BY NANA IBRAHIM—(ABJ)—President Bola Tinubu on Sunday congratulated winners of Saturday’s elections in the Federal Capital Territory and the states of Kano and...
