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Dangote and Benedict Peters Emerge as Biggest Winners of Hormuz Crisis

KEY POINTS The Hormuz crisis has tightened global oil supply, increasing demand for Nigerian...

Omo-Agege Dumps APC, Joins NDC for 2027 Senate Race

KEY POINTS Senator Ovie Omo-Agege has joined the NDC and declared for the Delta...

Tinubu says subsidy cabals want him dead

President Bola Tinubu says oil subsidy and exchange rate cabals want him dead, blaming the threat on the reforms he launched after taking office in 2023.

CBN Retains Interest Rate at 26.5%

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

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.

Naira Strengthens to Highest Level Since February

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

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...

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...

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...

Insecurity and Power Shortages Continue to Challenge Nigerian Businesses — CBN

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

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.

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.

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...

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...

Latest articles

Dangote and Benedict Peters Emerge as Biggest Winners of Hormuz Crisis

KEY POINTS The Hormuz crisis has tightened global oil supply, increasing demand for Nigerian...

Omo-Agege Dumps APC, Joins NDC for 2027 Senate Race

KEY POINTS Senator Ovie Omo-Agege has joined the NDC and declared for the Delta...

NDC Denies Fake Primary Results, Confirms May 29 Election Holds

KEY POINTS The NDC has denied viral reports claiming primary election results have already...

Makinde Endorses APM Candidate Adekanmbi for Oyo 2027 Governorship

KEY POINTS Seyi Makinde openly endorsed Bimbo Adekanmbi as his preferred successor for the...