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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.

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.

ADC Gains 10 Lawmakers as Wave of Defections Rocks House of Representatives Ahead of 2027

KEY POINTS ADC gained 10 lawmakers in the House of Representatives following defections from...

Reps Fix Feb 19 Hearing Over Complaints on JAMB’s Under-16 Admission Ban

KEY POINTS The House of Representatives will hear a petition on Feb 19, 2026...

House of Representatives Calls for Suspension of CBN’s ATM Charges

KEY POINTS The House of Representatives has urged the CBN to suspend its planned...

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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.

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.

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.

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.