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Coroner adjourns inquest into Chimamanda’s son’s death to October 8

The coroner's inquest into the death of Chimamanda Adichie's 21-month-old son has stalled until October 8 after Euracare secured a High Court order staying proceedings.
News

IFC, Standard Chartered launch $300m facility to boost African supply chains

IFC and Standard Chartered have launched a $300m risk-sharing facility to expand supply chain finance for more than 500 suppliers across eight African countries.
Business

Nigeria’s trade surplus jumps 220 percent to $480m

Nigeria's trade surplus jumped 220 percent to $480 million in January as oil exports hit a record, even as weaker cocoa prices dragged non-oil earnings.
Politics

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.
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...
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News

Coroner adjourns inquest into Chimamanda’s son’s death to October 8

The coroner's inquest into the death of Chimamanda Adichie's 21-month-old son has stalled until October 8 after Euracare secured a High Court order staying proceedings.
News

IFC, Standard Chartered launch $300m facility to boost African supply chains

IFC and Standard Chartered have launched a $300m risk-sharing facility to expand supply chain finance for more than 500 suppliers across eight African countries.
News

Afenifere warns state police delay mayn lead to self help

Afenifere has warned that delay in establishing state police may trigger self-help, describing the federal government's reactive security deployments after attacks as infeasible and ineffective.
News

Cocoa farmers raise alarm over persistent price volatility in Africa

African cocoa farmers warn persistent price volatility undermines livelihoods and slows investment ahead of the Lagos cocoa and coffee fiesta.