Business

MAN laments sharp decline of bank credit to

  • 23rd June 2026

SEC warns against unapproved Dangote refinery IPO promotions

  • 23rd June 2026

Allen Onyema urges boycott of S’Africa over xenophobic

  • 23rd June 2026

Lagos rejects claims of handing environmental enforcement to

  • 23rd June 2026

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MAN laments sharp decline of bank credit to manufacturing

Business

SEC warns against unapproved Dangote refinery IPO promotions

Business

Iran, Oman to agree on Strait of Hormuz service

Transportation

Nigeria, UK renew security pact against cyber terrorism

News

Blog

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Hantavirus: Our work is not over yet, says WHO chief

World Health Organization chief Tedros Adhanom Ghebreyesus said on Tuesday “our work is not over” to contain hantavirus after evacuations from a cruise ship hit by a deadly outbreak of the illness. The fate of the MV Hondius has sparked international alarm after three passengers died in an outbreak of the rare virus, for which […]

Transportation

Lagos records over 42,000 daily passenger-trips on bus services

The Lagos State Government has said the Lagos Bus Services Limited currently records over 42,000 passenger movements daily through about 1,000 bus trips across the state, as part of efforts to expand affordable public transportation. The figure was disclosed in a statement signed on Tuesday by the Director of Public Affairs, Bolanle Ogunlola, and presented […]

Tech

Meta sued in US over fraudulent FB, IG advertising claims

Santa Clara County in California, United States filed a lawsuit on Monday accusing Meta of knowingly profiting from scam-related advertisements on Facebook and Instagram. The suit claims these practices breach California’s false advertising laws, according to Reuters. The case, brought on behalf of all California residents, seeks restitution, civil penalties, and a permanent injunction to […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Banking

CBN raises concern over governance gaps in non-interest financial institutions

The Central Bank of Nigeria has cautioned non-interest financial institutions against governance and compliance risks that could weaken public confidence and threaten financial stability in the country’s expanding Islamic finance sector. The warning was issued in a press statement on Monday after the 2nd Annual Interactive Session between the CBN Financial Regulation Advisory Council of […]

BDC operators reject amended CBN licensing guidelines
featured Finance

Parallel FX market hits ₦1,410/$ as naira fluctuates

The naira traded with slight fluctuations against the United States dollar on Tuesday, May 12, 2026, across the official Nigerian Foreign Exchange Market and the parallel market as traders monitored forex liquidity and demand pressures. At the official market, data from the Central Bank of Nigeria indicated that the naira exchanged at an average rate […]

Banking

Alternative Bank boosts local pharma production with non-interest funding

Against the backdrop of Africa’s heavy dependence on imported medicines, The Alternative Bank has intensified efforts to support local pharmaceutical manufacturing in Nigeria through specialised non interest financing targeted at industrial pharmacists and healthcare operators. The move comes as Africa continues to bear about 25 per cent of the global disease burden while importing nearly […]

Business

Transcorp declares ₦20.3bn dividend to shareholders

Transnational Corporation Plc, Transcorp Group, has declared a total dividend of N20.3 billion, representing N2 per share to its shareholders, at its 20th Annual General Meeting, held at the Transcorp Centre Abuja. The total dividend comprises an interim dividend payment of N4.06 billion, representing 40 kobo per share, paid in August 2025, together with a […]

News

UK PM faces calls to resign after election losses

Senior British cabinet ministers have called on British Prime Minister Keir Starmer to establish a clear timetable for his resignation, with Home Secretary Shabana Mahmood among those reportedly pushing the demand, BBC reported on Monday evening. However, the pressure is not uniform across government, as divisions have emerged within the Cabinet over whether Starmer should […]

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