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Obidient Movement accuses APC after police scrap N20 million Obi-Kwankwaso rally in Akwa Ibom

Akwa Ibom police have canceled a two-million-man march for Peter Obi and Rabiu Kwankwaso in Uyo, with the NDC saying it lost N20 million mobilizing supporters.
News

Nigerian public servants begin three-day warning strike, demand N500 petrol and new minimum wage

Nigeria's Joint National Public Service Negotiating Council has begun a three-day warning strike from Oct. 2 to 4, demanding N500 petrol and a new minimum wage.
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.
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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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Obidient Movement accuses APC after police scrap N20 million Obi-Kwankwaso rally in Akwa Ibom

Akwa Ibom police have canceled a two-million-man march for Peter Obi and Rabiu Kwankwaso in Uyo, with the NDC saying it lost N20 million mobilizing supporters.
News

Nigerian public servants begin three-day warning strike, demand N500 petrol and new minimum wage

Nigeria's Joint National Public Service Negotiating Council has begun a three-day warning strike from Oct. 2 to 4, demanding N500 petrol and a new minimum wage.
News

From Ifangni to Ilasamaja: How a 10-year-old “tiling apprentice” ended up mixing cement instead of going to school

A 10-year-old from Benin Republic works and sleeps on a Lagos construction site, showing how poverty, migration and informal apprenticeship push children out of school.
News

Why nutritionists say Nigerians should stop boiling eggs and rice in the same pot

Nigerian dietitians warn that boiling unwashed eggs with rice in one pot can transfer Salmonella and E. coli from the shells to the grains, risking foodborne illness.