Category: featured

Banking sector attracts record $13.53bn foreign capital inflows

Foreign capital inflows into Nigeria’s banking sector rose to $13.53 billion in 2025, representing a...

Middle East crisis threatens Nigeria’s manufacturing sector, MAN warns

The Manufacturers Association of Nigeria has expressed concern over the potential impact of the escalating...

Bank of America to settle Epstein sex trafficking suit for $72.5m

Bank of America has agreed to pay $72.5 million to settle a class action lawsuit...

Nigeria missing as Namibia tops Africa’s 2026 quality of life ranking

In the 2026 Numbeo Quality of Life Index, Namibia has emerged as the top-ranked African...

Dangote Refinery denies announcing stock market listing plans

Dangote Petroleum Refinery and Petrochemicals has clarified that it has not announced any Initial Public...

FG, GenCos clash over ₦6tn power debt reconciliation

The Federal Government and power generation companies have disagreed over the reconciliation of debts in...

32 banks meet revised capital requirements, CBN confirms

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced that 32 Nigerian banks...

US-Israel-Iran: Facts you should know about the Strait of Hormuz, blockage

The Strait of Hormuz is one of the world’s most critical maritime choke-points; here’s a...

Soludo suspends absent civil servants after surprise visit

Governor Chukwuma Soludo of Anambra State has ordered the suspension of civil servants who were...

FG lifts ban on fuel imports amid supply concerns

The Federal Government has lifted its ban on fuel imports, granting six new licences for...

Power supply to improve gradually in two weeks — Adelabu’s aide

The Chief Technical Adviser to the Minister of Power, Adebayo Olowoniyi, says Nigerians should begin...

53% of Nigerians don’t save — Piggyvest

More than half of Nigerians find it hard to save, as citizens spend 72 per...