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Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Business

Investors gain N26.5trn on Nigerian Exchange in April

Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.
News

Erosion Control Efforts in Southern Nigeria

Southern Nigeria ramps up erosion control efforts to tackle land degradation, protect livelihoods, and strengthen climate resilience in affected communities.
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Enugu Governor Signs Four Key Bills Enhancing Business, Environment

Enugu State Governor Peter Mbah signs four bills into law, enhancing business, environmental protection, and sports development.
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Nigeria Vows Crackdown on Illegal Mining

Nigerian authorities are investigating the illegal extraction of suspected uranium after a viral video raised concerns. The Minister of Solid Minerals Development has vowed to punish those involved.
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Lagos Bans Styrofoam Takeaway Packs, Prioritizes Environmental Health

Lagos imposes ban on styrofoam takeaway packs, granting businesses a three-week period for adjustment in environmental health initiative.

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Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Business

Investors gain N26.5trn on Nigerian Exchange in April

Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.
News

Analysts urge Nigeria to plug N31trn deficit by listing state assets

Analysts say Nigeria can fix its 31 trillion naira budget deficit by listing state-owned assets on the stock market instead of piling on more debt.
News

No Nigerian killed in S’Africa protests, Ojukwu says

Foreign Affairs Minister Bianca Odumegwu-Ojukwu says the recent anti-foreigner protests in South Africa claimed no Nigerian lives, though two citizens died in separate, unrelated incidents.