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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...
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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 Lawmakers Approve Revised 2024 and 2025 Budgets

Nigeria’s House of Representatives approved revised 2024 and 2025 budgets, raising spending levels as the government adjusts to revenue limits and execution challenges.
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Makinde Says He Is Qualified to Lead Nigeria

Oyo Governor Seyi Makinde says his record in governance and business qualifies him for Nigeria’s presidency as 2027 political talks intensify.
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Nigeria Clears China of Role in Illegal Mining Claims

Nigeria’s government says illegal mining in Nigeria is driven by local actors, not China, as authorities outline reforms to tighten oversight and protect mining communities.
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Nigeria Leads Africa as Instant Payments Near $2 Trillion Milestone

Nigeria’s instant payments platform has set the pace in Africa, as digital transactions across the continent surge toward the $2 trillion mark.
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Lagos Governor Sanwo-Olu Swears in Speaker Obasa’s Son as Agege Chairman

KEY POINTS • Sanwo Olu urged the new Agege chairman to govern inclusively and avoid...
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Niger Governor Bago Receives Last Group of Rescued St Mary’s students

KEY POINTS • Niger governor receives remaining rescued students and staff in Minna• Federal Government...
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US Surveillance Flights Over Nigeria Signal Deeper Security Cooperation

US intelligence aircraft have flown repeatedly over Nigeria since November, reflecting deeper security ties amid violence and diplomatic tension.
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Trump Recalls US Ambassador To Nigeria Amid Major Diplomatic Shake-Up

Trump recalls the US ambassador to Nigeria and several other diplomats, signaling a major diplomatic reshuffle across multiple regions.
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ADC: Tinubu’s 2026 Budget Risks Nigeria’s Financial Future

ADC criticizes Tinubu’s 2026 budget, warning that heavy borrowing and optimistic revenue forecasts could deepen Nigeria’s debt crisis.
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BUA Founder Shares Rare Holiday Glimpse After Staff Bonus

Days after approving a landmark employee cash reward, Abdul Samad Rabiu shared a rare personal moment as BUA posts record profits and expands operations.
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US Envoy Says Visa Curbs Tied to Security Talks

The US envoy says visa rules reflect security cooperation talks, stressing diplomacy and shared responsibility between Nigeria and the United States.
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Dangote NMDPRA Dispute Sparks Call for Strong Institutions

Nigeria’s oil workers union urges stronger institutions as tensions between Dangote Group and the petroleum regulator raise governance concerns.
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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...
News

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

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

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