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News

NDLEA Busts Meth Lab in Imo, Arrests Wanted Drug Kingpin After 13 Years on the Run

NDLEA dismantles Imo meth lab, seizes drugs and arrests fugitive kingpin who evaded justice for 13 years.
News

808 Million People in Extreme Poverty, 9% May Remain Poor by 2030 — UN Warns

UN warns 808 million people live in extreme poverty and nearly nine percent may remain poor by 2030.
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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News

NDLEA Busts Meth Lab in Imo, Arrests Wanted Drug Kingpin After 13 Years on the Run

NDLEA dismantles Imo meth lab, seizes drugs and arrests fugitive kingpin who evaded justice for 13 years.
News

808 Million People in Extreme Poverty, 9% May Remain Poor by 2030 — UN Warns

UN warns 808 million people live in extreme poverty and nearly nine percent may remain poor by 2030.
Business

Seplat Revenue Jumps 144 Percent to $2.73 Billion

Seplat Energy 2025 revenue surged 144% to $2.73 billion as offshore assets boosted production and dividends rose 52 percent.
Politics

Diaspora Group Warns Over Alleged Threats to Peter Obi

COPDEM diaspora Peter Obi warning highlights alleged security threats and urges investigation to safeguard Nigeria’s democratic stability.

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