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Business

Dangote refinery supplies 92 percent of Nigeria’s petrol in February

Dangote Refinery covered 92 percent of Nigeria's petrol demand in February 2026, with imports accounting for just 8 percent of total daily supply for the first time on record.
News

Half of Nigerians distrust INEC ahead of 2027 polls, GoNigeria warns electoral reform is unavoidable

Civil society group GoNigeria says surveys show less than 50 percent of Nigerians trust INEC to deliver credible 2027 elections.
Business

First HoldCo Completes Sale of FBNQuest Merchant Bank

First HoldCo completes its divestment of FBNQuest Merchant Bank as Otedola advances a group-wide restructuring strategy.
News

Banks Shift Idle Cash to CBN’s SDF Window

Banks increasingly place funds at the CBN’s SDF window as tightening conditions curb lending appetite and push treasury teams toward safer overnight placements.
Business

Access Holdings Profit Falls 23 Percent Despite Rise in Earnings

Access Holdings reports higher revenue but a 23 percent profit fall in H1 2025, hit by weaker forex gains and rising impairment charges.
Business

Otedola Raises Stake in First HoldCo by ₦2.01 Billion

Femi Otedola increases stake in First HoldCo by N2.01 billion, strengthening his hold in Nigeria’s oldest financial institution.
News

Stock Deals Surge 44% Amid Banks’ Recapitalization Efforts

Nigerian stock deals jumped 44% due to bank recapitalization efforts, signaling increased investor confidence and optimism in the financial sector’s stability.
News

CBN Bailout Facilitates Unity-Providus Bank Merger

The CBN's bailout has facilitated a merger between Unity Bank and Providus Bank, creating a stronger entity poised to enhance Nigeria's banking sector.
News

Nigerian Banks Embrace CBN Recapitalization with Confidence

The ACAMB has confidently backed the CBN's bank recapitalization plan, ensuring stakeholders that Nigerian banks are secure and poised for robust economic support.
Business

13 Banks to Raise N3.31 Trillion, CBN Sets New Capital Rules

In response to CBN's updated capital requirements, Nigerian banks are tasked with raising N3.31 trillion, aiming to bolster financial resilience and support economic growth.

Latest articles

Business

Dangote refinery supplies 92 percent of Nigeria’s petrol in February

Dangote Refinery covered 92 percent of Nigeria's petrol demand in February 2026, with imports accounting for just 8 percent of total daily supply for the first time on record.
News

Half of Nigerians distrust INEC ahead of 2027 polls, GoNigeria warns electoral reform is unavoidable

Civil society group GoNigeria says surveys show less than 50 percent of Nigerians trust INEC to deliver credible 2027 elections.
News

Maiduguri blast survivors recount horror, Tinubu orders service chiefs to relocate to Borno

Survivors of the Maiduguri bombings described scenes of chaos and smoke as Tinubu ordered service chiefs to relocate to Borno State.
Politics

Tinubu mobilises 98,000 canvassers across Ondo for 2027

President Tinubu's Renewed Hope Ambassadors has launched in Ondo State, targeting 25 paid canvassers per polling unit to mobilise grassroots support for the 2027 presidential election.

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