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, …
Uncategorized
- Lagos NewsNewsPoliticsUncategorized
- 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 …
- BusinessEconomyEnergyManufacturingOil & GasUncategorized
Dangote Refinery Says Operations Ongoing, PMS Supply Stable
Dangote Petroleum Refinery has firmly dismissed reports claiming that it has shut down operations for maintenance, describing the information as false, misleading, and capable of causing unnecessary panic in the …
- Uncategorized
UBA Expands Renewable Energy Footprint with Solar Partnership, Powers 25 Branches in 5 States
United Bank for Africa (UBA) Plc has partnered with Renewvia Solar Nigeria to install advanced solar power systems in 25 of its branches spread across five Nigerian states. The new …
Nigeria’s headline inflation rate dropped to 18.02 per cent in September 2025, marking the sixth consecutive month of decline and the first time in three years that the inflation figure …