CBN lifts cap on banks’ additional Tier-1 capital till March 31, 2026
The Central Bank of Nigeria (CBN) has temporarily lifted regulatory caps on the recognition of Additional Tier 1 (AT1) capital...
Month: July 2025
NNPC Refineries may never work again despite $18bn spent – Dangote
President of the Dangote Group, Alhaji Aliko Dangote, has expressed doubt on the viability of Nigeria’s state-owned refineries despite over...
FG Spent N536.4bn on electricity subsidies in Q1 2025
Agency Report The Nigerian government allocated N536.4 billion to electricity subsidies in the first quarter of 2025, according to a...
NCS scales up anti-wildlife trafficking operations, seize container of donkey genitals
Omeiza Bilal The Nigeria Customs Service has scaled up its anti-wildlife trafficking operations in recent years through the establishment of...
Nigeria: Mutual Fund industry assets hit N5.94trn in H1 2025
Agency Report Nigeria’s mutual fund industry recorded a remarkable growth in the first half of 2025, with total assets under...
Domestic equities market sustains bullish run, gains N1.756trn
Bulls continued dominance Thursday on the Nigerian Exchange as demand for low, mid and high cap stocks persisted, with the...
NiMet flood alert: Nasarawa Govt warns riverine communities to relocate
Nasarawa State Government has warned residents of riverine communities to relocate from flood prone areas to avert loss of lives...
FIRS has made significant progress — IMF
Orisemeke Benjamin The International Monetary Fund (IMF) has examined the ongoing reforms at the Federal Inland Revenue Service (FIRS) and...
Nigeria advances economic diplomacy in Brazil at Ogun investment summit
Orisemeke Benjamin The Federal Government of Nigeria has taken a significant step in advancing its economic diplomacy efforts in Brazil,...
Nigerian crude tops $70 amid Red Sea tensions, Dangote’s local oil push
Agency Report Nigerian crude prices have surged above $70 per barrel, slightly outpacing international oil benchmarks, following renewed geopolitical tensions...
