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Otedola’s FirstHoldCo surges 32 percent to lead Nigerian bank stocks

Femi Otedola's FirstHoldCo has surged 32 percent in a month to leave GTCO, Zenith, Access and UBA behind as Nigeria's best-performing tier-one bank stock.

Tinubu agrees to waive airline debts as Jet A1 fuel prices soar

Aviation Minister Festus Keyamo says President Tinubu has agreed to waive the debts Nigerian airlines owe to aviation agencies as Jet A1 fuel prices soar.

Civil Society Groups Back Nigerian Bank Recapitalization Plans

Nigerian civil society groups support the government's plan to strengthen banks through recapitalization. The move aims to boost the economy by creating healthier banks that attract investors. However, concerns linger about potential resistance efforts, highlighting the need for transparency and collaboration.

Nigeria Issues N8 Trillion in Treasury Bills to Boost Economy

In a bid to bolster the country's economy, Nigeria has issued a staggering N8...

Nigerian Officials Vow to Crack Down on Oil Theft in Niger Delta

Nigerian officials are working together to tackle oil theft and pipeline vandalism in the Niger Delta, hoping to boost oil production and strengthen the country's economy.

Naira Gains Put Spotlight on Petrodollar Inflow

In a striking turn of events, Nigeria's currency, the naira, has experienced a noteworthy...

Stronger Naira Fails to Alleviate Food Insecurity Woes

Despite the recent strengthening of Nigeria's currency, the Naira, against the US dollar, many...

Presidency Forecasts Enhanced Investor Confidence with Naira Performance

The Presidency in Nigeria has expressed optimism regarding the performance of the Naira, projecting...

Nigeria’s Foreign Exchange Reserves Hover Near Two-Month Low at $33.36 Billion

Nigeria's foreign exchange reserves are approaching a two-month low, standing at $33.36 billion, signaling...

Nigeria Defends Accepting Grains from Ukraine Amid Crisis

Nigeria has defended its decision to accept grains from Ukraine, a country that is...

CBN Clears $400 Million FX Backlog in One Week

The Central Bank of Nigeria (CBN) has cleared an additional $400 million of foreign...

Tinubu’s Government Under Fire from Makinde Over Hardship

Nigeria's President Bola Tinubu is facing criticism from one of his main opponents, Governor...

Former CBN Governor Emefiele Vindicated by Economic Crisis

The economic woes that have plagued Nigeria since 2023 have proven the competence and...

Tinubu Admits Lack of Solutions for Nigeria’s Economic Woes

Nigeria’s former Lagos state governor and ruling party leader, Bola Tinubu, has admitted that...

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Otedola’s FirstHoldCo surges 32 percent to lead Nigerian bank stocks

Femi Otedola's FirstHoldCo has surged 32 percent in a month to leave GTCO, Zenith, Access and UBA behind as Nigeria's best-performing tier-one bank stock.

Tinubu agrees to waive airline debts as Jet A1 fuel prices soar

Aviation Minister Festus Keyamo says President Tinubu has agreed to waive the debts Nigerian airlines owe to aviation agencies as Jet A1 fuel prices soar.

Cruz accuses Nigerian officials of complicity in killing of Christians

US Senator Ted Cruz says Nigerian officials are complicit in killing Christians, while former minister Lai Mohammed insists Boko Haram has killed more Muslims.

Edun and Dangiwa resigned from cabinet, presidency confirms

Wale Edun and Ahmed Musa Dangiwa resigned from Tinubu's cabinet on their own, the presidency says, denying reports that the President sacked the two ministers.