As countries accelerate the shift to cleaner energy, experts warn that widening gaps in power infrastructure could undermine energy security, industrial growth and affordability. While the global energy transition was …
- Lagos NewsNewsPoliticsUncategorized
ADP Raises Alarm Over Rising Debt, Budget Credibility After Tinubu’s 2026 Proposal
The opposition Action Democratic Party (ADP) has criticised the Federal Government’s fiscal direction following the presentation of the 2026 Appropriation Bill by President Bola Tinubu, warning that rising public debt, …
- Business PoliciesCBNUncategorized
CBN Recapitalisation Drive Nears Deadline as More Banks Meet 2026 Capital Threshold
With the March 31, 2026 deadline drawing closer, Nigeria’s banking sector is witnessing accelerated activity as lenders race to comply with the Central Bank of Nigeria’s (CBN) recapitalisation requirements. Contrary …
Chairman of the Alliance for Economic Research and Ethics (AERE), Dele Oye, has warned that key provisions of the Nigeria Tax Act 2025 may pose serious challenges to its effective …
Ecobank Nigeria Limited has completed the early repayment of its $300 million Eurobond, fully settling obligations to bondholders who validly tendered their notes ahead of the February 2026 maturity date. …
Despite the implementation of the Band ‘A’ tariff regime, the Federal Government paid ₦458.75 billion in electricity subsidies to operators across the power value chain in the third quarter of 2024, according …
The naira recorded a strong appreciation against the United States dollar on Tuesday at the official foreign exchange market, according to data from the Central Bank of Nigeria (CBN). CBN …
TANTITA Security Services has entered into a partnership with U.S.-based Textron Systems to deploy advanced drone technology aimed at strengthening security and surveillance across Nigeria’s oil and gas infrastructure. Under …
Rand Merchant Bank Nigeria Limited says it hit the Central Bank of Nigeria’s capital target for merchant banks. On March 28, 2024, the CBN raised minimum capital for international commercial …
- Asia-PacificBusinessCommoditiesGlobal MarketsINVESTMENT
Gold Prices Gain in Asia Amid Global Market Caution
Global financial markets opened the new year on a mixed but largely positive note, with investors across Asia turning to safe-haven assets such as gold and silver, while equities in …