Nigerian Banks Gear Up for Recapitalization Amid $1 Trillion Economy Ambitions
Nigeria's Deposit Money Banks (DMBs) are gearing up for potential mergers and acquisitions as the Central Bank of Nigeria (CBN)...
Corporate Affairs
CBN Affirms Stability of Nigerian Banking Sector Amidst Recapitalization Discussions
Amid discussions on a potential new round of bank recapitalization, the Central Bank of Nigeria (CBN) has issued a statement...
Lagos Commissioner Issues Warning to Property Owners Over Encroachments on Drainage Setbacks
The Commissioner for the Environment and Water Resources in Lagos State, Tokunbo Wahab, has given a seven-day contravention notice to...
Currency Volatility Threatens Tinubu’s $1 Trillion Economy Ambition
The relentless instability in Nigeria's forex exchange market and the persistent weakness of the naira pose a substantial threat to...
Tinubu Set to Present Inaugural Full-Year Budget to National Assembly
President Bola Tinubu is poised to present the 2024 Appropriations Bill to the National Assembly in a historic move on...
Federal Government Invests N3.28 Billion in State-of-the-Art Screening Tech for Airports
In a significant move to enhance airport security and streamline passenger experience, the Federal Government of Nigeria has announced plans...
Dangote Refinery Prepares for Launch with 6 Million Barrel Deal
Dangote Refinery, has successfully secured its inaugural cargo deal, boasting an impressive 6 million barrels ready for delivery. As the...
Nigeria’s Economy Shows Positive Growth in Q3 2023, Driven by Services Sector
Official data from the National Bureau of Statistics reveals a positive trajectory in Nigeria's economy for the third quarter of...
Petroleum Tanker Drivers (PTD) Affirm Loyalty to NUPENG Union
A gathering of former national chairmen of the Petroleum Tanker Drivers (PTD) dismissed any speculation of a potential breakaway from...
Naira Hits New Low: Closes at N956.33 per Dollar in Official Market
The Nigerian naira experienced a significant decline, reaching a new low on Thursday, closing at N956.33 per dollar in the...
