Court orders ex-NICON directors to account for seven-year transactions
The Federal High Court in Abuja has ordered former directors of NICON Insurance Limited to provide its liquidator with a seven-year account…
Business
Reforms drove cost-of-living pressures, Budget Minister admits
The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has acknowledged that the economic reforms implemented by President Bola Tinubu’s administration…
CBN pumps N3.81tn into banking system as liquidity rises
The Central Bank of Nigeria injected a combined N3.81tn into the banking system between September 15 and 16, 2026, significantly boosting liquidity…
Google Pixel flaw exploited in targeted cyberattacks
Google has disclosed that a software vulnerability in its Pixel smartphones was exploited in limited and targeted cyberattacks before the company released…
Oil prices fall as Saudi Arabia offers more crude via Oman
Oil prices declined on Wednesday after reports that Saudi Arabia was offering additional crude cargoes through Oman eased concerns over the extent…
Presco approves ₦17.1bn dividend for 2025 financial year
Agro-industrial giant Presco Plc has approved a dividend payout of N17.1 billion to shareholders for the 2025 financial year. This follows resolutions…
FG unveils 100-Day calendar to boost Nigeria’s tourism economy
The Federal Government has endorsed the launch of a 100-Day Tourism Calendar aimed at bringing Nigeria’s festivals, concerts, cultural events and lifestyle…
CAC seeks centralised ownership data to curb illicit funds
The Corporate Affairs Commission has called for the harmonisation and centralisation of Nigeria’s beneficial ownership registers to strengthen the fight against illicit…
Fitch raises transparency concerns over Nigeria’s TRS deals
Fitch Ratings has raised concerns about Nigeria’s use of Total Return Swaps and repo transactions as alternative financing instruments, warning that the…
FG allots N748.64bn at September bond auction as demand falls
The Federal Government allotted N748.64bn to investors at its September 2026 bond auction, while total subscriptions stood at N1.49tn, reflecting a moderation…
Dangote backs daughters to take over business empire
The Chairman of Dangote Group, Aliko Dangote, has said having a male heir to take over his business empire is not a…
UBA named approved channel for Dangote Refinery IPO
United Bank for Africa Plc has emerged as one of the authorised financial institutions through which investors can subscribe to the Dangote…