Ecobank Transnational Incorporated (ETI) has joined the elite league of trillion-naira companies on the Nigerian Exchange Limited (NGX), marking its first entry into the club in over 20 years of …
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MultiChoice Nigeria has announced the appointment of Kemi Omotosho as its new Chief Executive Officer, following the retirement of long-serving CEO, John Ugbe. The company disclosed in a statement on …
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Rents in Lagos and Abuja are rising by as much as 20 per cent yearly in some locations, worsening housing pressure for tenants and deepening affordability challenges across Nigeria’s major …
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Eterna Plc has announced a ₦21.52 billion rights issue as part of its capital-raising programme aimed at strengthening its financial position and supporting long-term growth. The Chairman of the company, …
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The Nigeria Deposit Insurance Corporation (NDIC) has announced the recovery and distribution of an additional ₦24.3 billion to depositors of the defunct Heritage Bank Limited, offering renewed relief to customers …
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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 …
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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, …
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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 …
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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 …
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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. …