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Politics

Nigeria Governor’s Call for Single Term Reignites Tenure Debate

Governor Mohammed Bago says fear of re-election weakens governance, reviving national debate over adopting a single term for governors and constitutional reform.
News

Nigerians Go Underground as U.S. Immigration Raids Intensify

Nigerians in the U.S. retreat from work and public life as intensified immigration raids fuel fear, deaths in custody mount, and self-deportation becomes a growing consideration.
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.

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Politics

Nigeria Governor’s Call for Single Term Reignites Tenure Debate

Governor Mohammed Bago says fear of re-election weakens governance, reviving national debate over adopting a single term for governors and constitutional reform.
News

Nigerians Go Underground as U.S. Immigration Raids Intensify

Nigerians in the U.S. retreat from work and public life as intensified immigration raids fuel fear, deaths in custody mount, and self-deportation becomes a growing consideration.
Politics

Abia Group Donates ₦100 Million for Otti’s 2027 Nomination Form

Ukwa La Ngwa leaders have donated ₦100 million to fund Governor Alex Otti’s re-election bid ahead of the 2027 Abia governorship election.
News

The £2 Million Question: What Really Happened at Harrods? How the Diezani Alison-Madueke trial became a masterclass in narrative inflation

KEY POINTS Headlines exaggerate Alison-Madueke’s alleged £2m Harrods spending and luxury perks; she didn’t...

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