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Otedola: First HoldCo Restructuring May Be Disruptive, but It’s Essential for Long-Term Growth

KEY POINTS Otedola says First HoldCo’s restructuring may cause disruption but is necessary for long-term stability. The group has taken a major profit hit after cleaning up N748bn in non-performing loans. Otedola reaffirms commitment to building a transparent, sustainable, world-class financial institution Femi Otedola, chairman...

NECO Releases 2025 SSCE Results, Records 72% Pass in English and Mathematics

KEY POINTS NECO recorded a 72% pass rate in English and Mathematics in the 2025 SSCE. Over 9,000 candidates were sanctioned for malpractice, with supervisors and centres punished. More than 71% of candidates achieved five credits including English and Mathematics. The National Examinations Council NECO,...

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Nigeria Tax Laws Face Fresh Resistance as Lawmakers, Students and Court Step In

Nigeria’s new tax laws face growing resistance as lawmakers, students and the courts question their authenticity and planned rollout.

US Air Strikes Trigger Terrorist Movements as Nigerian Military Tightens Surveillance

Nigeria’s military is tracking fleeing terrorists after US air strikes, amid rising debate over security cooperation and foreign troop deployment.

Brain Drain Fears Grow as Nigerian Scientists Exit

Nigeria scientific community warns that rising migration of Nigerian scientists could weaken research capacity and slow innovation if funding and policy reforms stall.

Naira Gains N11 at Official FX Market

The naira strengthened at the official market, gaining N11 as improved liquidity and steady inflows supported confidence in Nigeria currency outlook.

Oil Prices Rise as Supply Risks Keep Markets Alert

Crude oil prices moved higher as traders weighed tightening supplies, geopolitical risks, and steady demand signals across major energy consuming economies worldwide.

Makinde, Fayose Clash Over N50bn Bodija Relief Fund as 2027 Politics Heat Up

A dispute over Bodija explosion relief funds deepens political tensions between Governor Seyi Makinde and ex Ekiti governor Ayodele Fayose ahead of 2027.

Benin City abduction: Obaseki’s Cousin Recounts Alleged Assault, Public Stripping

A cousin of former Edo governor Godwin Obaseki describes an alleged daylight abduction, assault and public humiliation in Benin City.

Tinubu Approves Write Off of $1.42bn, N5.57tn NNPC Debt to Federation

President Tinubu approves the cancellation of over $1.4bn and N5.5tn in NNPC debts after reconciliation of long standing obligations.

Tinubu leaves Lagos for Europe Ahead of Abu Dhabi Sustainability Summit

KEY POINTS • Tinubu departed Lagos for Europe on Sunday as part of his year...

Gunmen Abduct Winners Chapel Pastor in Kogi Community

KEY POINTS • A Living Faith Church pastor was kidnapped while heading to his farm...

Truck Crash Forces Otedola Bridge Closure in Lagos

A crash involving two container trucks shut Otedola Bridge, halting traffic and forcing officials to redirect motorists through alternative Lagos routes.

NGX Nears N98 Trillion as Santa Rally Lifts Stocks

Nigerian stocks surged in a Santa rally, lifting market value close to N98 trillion as investors pocketed more than N953 billion in gains.

Latest articles

Otedola: First HoldCo Restructuring May Be Disruptive, but It’s Essential for Long-Term Growth

KEY POINTS Otedola says First HoldCo’s restructuring may cause disruption but is necessary for...

NECO Releases 2025 SSCE Results, Records 72% Pass in English and Mathematics

KEY POINTS NECO recorded a 72% pass rate in English and Mathematics in the...

FCTA Assures Residents Snake Anti-Venom Is Available in All Abuja Public Hospitals

KEY POINTS FCTA says snake anti-venom is available in all FCT-owned hospitals and health...

PDP Chieftain Labels Wike as “Root Cause” of Party Crisis

KEY POINTS A PDP chieftain, Tony Ehilebo, has accused FCT Minister Nyesom Wike...