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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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FG Plans To Borrow ₦900bn In January As Debt Pressure Grows

Nigeria’s government plans to raise ₦900bn from bonds in January 2026, doubling last year’s borrowing amid rising debt pressure.
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Court Adjourns Trial of Anthony Joshua’s Driver to February 25

KEY POINTS The Sagamu Magistrate Court adjourned the trial of Adeniyi Kayode to allow...
Business

Nigerian Monarch Obateru Akinruntan Targets 200 Obat Oil Stations as Fuel Market Reshapes

KEY POINTS Obat Oil plans to grow its retail network to 200 stations across...
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FG Introduces Impact Challenge as 3MTT Expands

Nigeria’s government is introducing a new challenge to assess how digital skills training under 3MTT is translating into jobs, opportunities, and long-term economic impact
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Chief Imam of Ilorin Sheikh Muhammad Bashir Sali Dies at 75

KEY POINTS Sheikh Muhammad Bashir Saliu, Chief Imam of Ilorin, has died at the...
Business

Geregu Power Posts $29.5m Profit as Abdulaziz Yari Era Begins with Strong Results

KEY POINTS Geregu Power posted a pre tax profit of $29.53 million on revenue...
Business

Paystack Expands into Banking as Shola Akinlade Targets Nigeria’s $32bn Small Business Funding Gap

KEY POINTS Paystack has acquired and rebranded a microfinance bank to expand into lending...
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Katsina Plans To Free 70 Bandits, Sparks Outrage Across Nigeria

Katsina’s move to free 70 bandits sparks anger. Critics say it risks safety, justice, and encourages more criminal attacks.
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FCTA Workers Shut Abuja Offices, Demand Meeting With Minister Wike

FCTA and FCDA staff strike shuts Abuja offices. Workers demand Minister Wike resolve unpaid promotions and welfare issues.
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Nigeria Wastes 2,275MW of Electricity As Many Homes Stay Dark

Nigeria produces enough electricity, but poor power lines and gas problems stop much of it from reaching homes and businesses.
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Nigeria’s Economy Set To Soar: IMF Predicts 4.4% Growth In 2026

IMF forecasts Nigeria’s economy to grow 4.4% in 2026, highlighting reforms, energy prices, and fiscal stability.
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Turaki Denies PDP’s N10,000 Levy Claim, Says Funding Talk Was Misrepresented

KEY POINTS PDP leadership rejects claims of a N10,000 contribution request Party says comments...
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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...
News

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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