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Wema Bank Rally Lifts Adebutu’s Stake to $90 Million

Kessington Adebutu’s stake in Wema Bank has risen to almost $90 million as the bank’s shares rally 147% in 2025, driven by digital banking growth.
News

Nigeria’s Grazing Conflicts Take 2,800 Lives in 5 Years

Open grazing conflicts in Nigeria killed 2,800 in five years as weak laws and poor enforcement fuel violence and displacement.
News

Nigeria’s Central Bank Cuts Customs Duty Rate Following Lawmakers’ Order

Nigeria’s Central Bank (CBN) has reduced the exchange rate for computing customs duties at...
Business

Nigeria’s Central Bank Refuses to Settle $2.4 Billion of Fraudulent FX Claims

Nigeria’s Central Bank (CBN) has announced that it will not pay off $2.4 billion...
News

Nigeria’s Forex Crisis Eases as Central Bank Clears Backlog

Nigeria’s central bank has cleared the backlog of foreign exchange liabilities of 14 banks...
Business

Nigeria’s New Central Bank Chief Promises to Tame Inflation and Stabilise Naira

Nigeria’s newly appointed central bank governor, Olayemi Cardoso, has vowed to curb the soaring...
Politics

Senate Advances Bills to Prevent Central Bank Leaders from Entering Politics

The Nigerian Senate has taken significant steps towards barring the governor of the Central...
Business

Naira Plummets to All-Time Low as Dollar Scarcity Bites Harder

The Nigerian naira has hit a record low on the unofficial market as the...

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News

Wema Bank Rally Lifts Adebutu’s Stake to $90 Million

Kessington Adebutu’s stake in Wema Bank has risen to almost $90 million as the bank’s shares rally 147% in 2025, driven by digital banking growth.
News

Nigeria’s Grazing Conflicts Take 2,800 Lives in 5 Years

Open grazing conflicts in Nigeria killed 2,800 in five years as weak laws and poor enforcement fuel violence and displacement.
News

NEITI Expresses Confidence in Ojulari to Drive Oil Reforms

NEITI backs Ojulari to deliver oil sector reforms, restore transparency, and attract $60 billion in investments for Nigeria’s energy future
News

Ondo Man Arrested in Death of Neighbor’s Son

Police arrest man in Ondo over neighbor’s son death, sparking outrage and calls for justice in Akure community.

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