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NYSC suspends Batch B Stream I orientation course in Niger

NYSC suspended the 2026 Batch B Stream I orientation course in Niger State, citing ongoing renovation work at the Paiko orientation camp.
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El-Buba to Tinubu: rescue our abducted children or resign

Prophet Isa El-Buba has urged President Tinubu to intensify the fight against insecurity, saying the government must rescue abducted children or step aside and prioritize lives.

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Business

FCMB appoints Bismarck Rewane non-executive director and board chairman

First City Monument Bank has appointed economist Bismarck Rewane as non-executive director and chairman of its board, following approval from the Central Bank of Nigeria.
Business

CBN Reassigns Four Deputy Governors in Leadership Shake-Up

KEY POINTS The Central Bank of Nigeria has redeployed its four deputy governors in...
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CBN unveils Payment Systems Vision 2028 to drive growth and financial inclusion

CBN Governor Olayemi Cardoso has unveiled Payment Systems Vision 2028, a strategic roadmap to build a secure, inclusive and globally competitive payments ecosystem in Nigeria.
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Nigeria’s capital market moves to T+1 settlement cycle

Nigeria's capital market will switch to a T+1 settlement cycle on June 1, bringing the country in line with the US, Canada and India.
Business

Nigeria’s Economy Slows as GDP Growth Drops to 3.89% in Q1 2026 — NBS

KEY POINTS Nigeria’s economy grew by 3.89% in Q1 2026, according to the National...
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UBA opens innovation hub, business office at UNILAG

UBA has opened an innovation hub and business office at the University of Lagos, as chairman Tony Elumelu returned to his alma mater for the commissioning.
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Nigeria’s trade surplus jumps 220 percent to $480m

Nigeria's trade surplus jumped 220 percent to $480 million in January as oil exports hit a record, even as weaker cocoa prices dragged non-oil earnings.
Business

CBN Retains Interest Rate at 26.5%

KEY POINTS The Central Bank of Nigeria retained the benchmark interest rate at 26.5%...
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Dangote unveils multi-billion-dollar Olokola deep seaport on 10,000 hectares

Aliko Dangote's group has begun preliminary work on a 10,000-hectare deep seaport at Olokola, targeting exports, fertilizer shipments and Atlantic trade.
Business

AfDB approves $200m BoI facility to boost Nigeria’s industrial sector

AfDB approved a $200 million facility for Nigeria's Bank of Industry to boost SMEs, manufacturing and green industrialization, with women-led and youth businesses prioritized.
Business

Dangote lifts Ethiopia investment to $4billion, pledges African food security

Aliko Dangote raised his Ethiopia investment from $2.5 billion to over $4 billion, pledging that fertilizer plants will deliver food security across Africa.
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Nigeria’s Inflation Rate Climbs to 15.69% in April Despite Slower Food Price Growth

KEY POINTS Nigeria’s inflation rate rose slightly to 15.69% in April 2026 after the...
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NYSC suspends Batch B Stream I orientation course in Niger

NYSC suspended the 2026 Batch B Stream I orientation course in Niger State, citing ongoing renovation work at the Paiko orientation camp.
News

El-Buba to Tinubu: rescue our abducted children or resign

Prophet Isa El-Buba has urged President Tinubu to intensify the fight against insecurity, saying the government must rescue abducted children or step aside and prioritize lives.
News

Soldiers destroy terrorist hideouts in Katsina offensive

Troops have launched a major offensive in Katsina's Matazu area, destroying several terrorist hideouts and logistics bases after the death of abducted retired Major General Rabe Abubakar.
Business

EU chief hails US-Iran deal to end war and reopen Hormuz

EU Council President Antonio Costa has welcomed a deal between the US and Iran to end the war and reopen the Strait of Hormuz.