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CBN Retains Interest Rate at 26.5%

KEY POINTS The Central Bank of Nigeria retained the benchmark interest rate at 26.5% after the MPC’s 305th meeting. The decision comes amid a slight rise in Nigeria’s inflation rate from 15.38% to 15.69% in April 2026. Analysts say the move reflects the CBN’s...

Peter Obi Cleared to Contest NDC Presidential Primary Ahead of 2027 Election

KEY POINTS Peter Obi was cleared by the NDC screening committee to contest its 2027 presidential primary. The committee confirmed he met all constitutional and party requirements after a detailed vetting process. He currently appears to be the sole presidential aspirant in the NDC...

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Elumelu’s Transcorp pays N20.3bn dividend on profit jump

Tony Elumelu's Transcorp Group declared an N20.3 billion dividend after a 44 percent jump in 2025 profit after tax to N135.9 billion.

Tinubu Heads to Africa-France Summit as Leaders Push Digital Innovation and Green Growth Agenda

KEY POINTS President Tinubu arrived in Nairobi to attend the Africa-France Summit hosted by...

Adeleke Dethrones Osun Monarch Jailed in US Over COVID-19 Fraud

KEY POINTS Governor Ademola Adeleke has removed the Apetu of Ipetumodu after his conviction...

Tinubu Appoints Fadewa as Homeland Security Adviser

KEY POINTS President Tinubu has appointed retired Major General Adeyinka Fadewa as Special Adviser...

Ex-Jigawa Lawmaker Dies in Bandits’ Captivity

KEY POINTS Former Jigawa lawmaker Abba Anas died while in bandits’ captivity after being...

AltBank rolls out non-interest financing for drug makers

AltBank's Jekwu Ozoemene unveiled tailored non-interest financing for Nigerian pharmaceutical manufacturers, aiming to cut Africa's 97 percent dependence on drug imports.

Onitsha residents back Obi for 2027 as NDC zones to South

Onitsha residents rallied to endorse Peter Obi's 2027 presidential bid after the Nigeria Democratic Congress zoned its presidential ticket to Southern Nigeria.

FG Sets 150 as Minimum Cut-Off Mark for University, Nursing Admissions in Nigeria

KEY POINTS The Federal Government approved 150 as the minimum cut-off mark for universities...

NESG warns Nigeria’s debt strain persists despite stability

NESG warned that Nigeria's debt strain persists as the federal government's 2026 borrowing plan climbed to N29.2 trillion despite headline stability indicators.

Over 40 Nigerian Fishermen Feared Dead After Chad Air Strikes on Boko Haram

KEY POINTS More than 40 Nigerian fishermen are feared dead after Chadian air strikes...

FG Removes JAMB Requirement for NCE Admission

KEY POINTS The Federal Government has removed UTME as a requirement for admission into...

Tinubu’s $1.25bn World Bank loan nears June approval

Nigeria's $1.25 billion World Bank loan for investment and jobs is set for a June 26 approval vote, pushing total public debt past N160 trillion.

Latest articles

CBN Retains Interest Rate at 26.5%

KEY POINTS The Central Bank of Nigeria retained the benchmark interest rate at 26.5%...

Peter Obi Cleared to Contest NDC Presidential Primary Ahead of 2027 Election

KEY POINTS Peter Obi was cleared by the NDC screening committee to contest its...

Desmond Elliot Withdraws from Lagos APC Primary, Alleges Intimidation of Supporters

KEY POINTS Desmond Elliot withdrew from the APC primary for Surulere 1, citing intimidation...

Tonye Cole Withdraws from Rivers APC Governorship Primary Ahead of 2027 Election

KEY POINTS Tonye Cole withdrew from the Rivers APC governorship primary after consultations with...