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CBN closes bank recapitalization with N4.65trn fresh capital

The Central Bank of Nigeria has concluded the Nigeria bank recapitalization programme, with 33 deposit money banks raising a combined N4.65 trillion in fresh capital over 24 months.

Nigeria pension industry forms consortium to fund infrastructure

Nigeria's pension industry is forming an investment consortium to unlock pension infrastructure investment at national scale, PenCom Director General Omolola Oloworaran announced Wednesday in Lagos.

Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.

Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.

Nigeria brings home 1,230 citizens stranded in Niger

Nigeria's Federal Government brought home 1,230 stranded citizens from Niger in March 2026, completing the evacuation in two airlifts.

OO Poly Aba launches EdTech and anti-drug drive

Ogbonnaya Onu Polytechnic Aba plans to introduce Educational Technology courses and partner with the National Drug Law Enforcement Agency to curb student substance abuse, Rector Christopher Okoro Kalu announced this week.

Bauchi Governor Bala Mohammed Signals Possible Exit from PDP

KEY POINTS Bauchi Governor Bala Mohammed says he may leave the PDP, describing the...

Senate Approves Tinubu’s $6bn External Loan Request Within Hours

KEY POINTS The Senate approved President Tinubu’s $6 billion external loan request within three...

El-Rufai Returns to Kaduna Court After Mother’s Burial as Bail Hearing Resumes

KEY POINTS Nasir El-Rufai returned to the Kaduna State High Court after being temporarily...

All 48 teams confirmed for 2026 World Cup

The 48-team field for the 2026 World Cup is set after the March international break confirmed all remaining spots through European and intercontinental playoffs.

BUA Foods proposes record N504 billion dividend

BUA Foods proposed a record N504 billion dividend after profit nearly doubled in 2025, with founder Abdul Samad Rabiu set to pocket about $323 million.

Nigerian newspapers review: US warns over Christian attacks

US Congressman Riley Moore leads today's Nigerian newspapers review, warning that Christian killings in Plateau and Kaduna could damage Nigeria's relationship with the United States.

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