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Hamzat Wins Lagos APC Governorship Ticket With Over 657,000 Votes

KEY POINTS Lagos Deputy Governor Kadri Obafemi Hamzat won the APC governorship primary with...
News

Court Extends Deadline for Political Parties, Cancels INEC May 10 Directive

KEY POINTS The Federal High Court nullified INEC’s May 10 deadline for submission of...
Business

CBN Retains Interest Rate at 26.5%

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

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.
Business

Naira Strengthens to Highest Level Since February

KEY POINTS The naira appreciated to N1,355/$, its strongest level since February 2026. Rising...
Business

CBN Cuts Interest Rate to 26.5% as Inflation Eases

KEY POINTS The CBN reduced its benchmark interest rate from 27% to 26.5%, signaling...
News

SERAP Drags CBN to Court Over Alleged Missing ₦3 Trillion in Public Funds

KEY POINTS SERAP has sued the CBN, alleging it failed to account for about...
Business

Standard Chartered Meets CBN N200bn Capital Rule Ahead of March 2026 Deadline

KEY POINTS Standard Chartered Bank Nigeria met the CBN N200bn capital requirement in November...
Business

Insecurity and Power Shortages Continue to Challenge Nigerian Businesses — CBN

KEY POINTS Insecurity and erratic power supply remain the top operational constraints for Nigerian...
News

Reps Launch Probe Into Excessive Bank Charges

Nigeria’s House of Representatives has ordered an investigation into arbitrary deductions by commercial banks and directed the CBN to publish a clear list of approved charges.
News

Emefiele’s $4.5bn Fraud Trial Delayed Over Phone Evidence Dispute

Emefiele’s $4.5bn fraud trial stalled again after EFCC and defence clashed over phone forensic test procedures in Lagos court.
Business

The Untold Impact of Digital Currency Adoption on Nigeria’s Informal Economy

KEY POINTS Digital currency adoption is transforming Nigeria’s informal economy, bringing both benefits such...
News

Two Sentenced in Lagos for Spraying Naira Notes at Social Event

KEY POINTS Two social media personalities, TDollar and TobiNation, were sentenced to six months...
Business

House of Representatives Calls for Suspension of CBN’s ATM Charges

KEY POINTS The House of Representatives has urged the CBN to suspend its planned...
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Politics

Hamzat Wins Lagos APC Governorship Ticket With Over 657,000 Votes

KEY POINTS Lagos Deputy Governor Kadri Obafemi Hamzat won the APC governorship primary with...
News

Court Extends Deadline for Political Parties, Cancels INEC May 10 Directive

KEY POINTS The Federal High Court nullified INEC’s May 10 deadline for submission of...
News

Lagos Judiciary Mourns as Justice Josephine Oyefeso Dies at 65

KEY POINTS Lagos State High Court judge Josephine Efunkumbi Oyefeso has died at the...
News

APC Postpones Kwara Governorship Primary as Consensus Emerges for Seriki

KEY POINTS APC in Kwara State postponed its governorship primary from Thursday to Friday,...