Resident doctors declare indefinite nationwide strike from August 10
The Nigerian Association of Resident Doctors has declared an indefinite nationwide industrial action from August 10, 2026, over the Federal Government’s failure…
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Femi Otedola acquires ₦222.20bn First HoldCo shares
The chairman of First HoldCo, Femi Otedola, has acquired 1.77 billion shares of the financial institution through his investment vehicle, Calvados Global…
Civil service boss admits failure as Reps probe fake agency scandal
The Head of Civil Service of the Federation, Mrs. Esther Didi Walson-Jack, on Wednesday admitted before the House of Representatives Ad-hoc Committee…
Naira holds steady at ₦1,358.63/$ in official FX market
The United States Dollar traded against the Nigerian Naira at an official rate of approximately 1,358.63 Naira per dollar in the Nigerian…
Consumer credit falls for first time in six years
Nigeria’s consumer credit declined for the first time in six years, falling by 19.89 per cent to N3.78tn in 2025 from N4.72tn…
2026 budget: FG earmarks ₦400bn for palaces, mosques, civic centres
Nearly N400bn was set aside in the 2026 budget by about 78 Ministries, Departments and Agencies of the Federal Government for the…
FIFA offers members $40m to back commercial subsidiary for major events
FIFA has told member associations they will each receive $40 million if they back a plan to sell stakes in major competitions…
CBN fines banks N430m over customer complaint failures, regulatory breaches
The Central Bank of Nigeria imposed N430 million in penalties on financial institutions in 2025 for failing to resolve customer complaints promptly…
Nigeria loses 47% of dollar millionaires in 10 years — Report
Nigeria has lost nearly half of its dollar millionaires over the past decade, with the population of high-net-worth individuals falling by 47…
Petrol depot prices drop nationwide amid rising competition
Petrol depot prices declined across major supply centres on Tuesday as marketers implemented fresh price cuts, signalling increased competition in the downstream…
S&P Global to acquire majority stake in Africa’s Agusto & Co.
S&P Global has agreed to acquire a majority stake in Agusto & Company Limited, a leading Pan-African credit rating agency, in a…
Tinubu to announce fresh salary increase for soldiers — Defence minister
The Minister of Defence, General Christopher Musa, retd, has said President Bola Tinubu would soon announce a new salary increase for personnel…