CBN Wraps Up Recapitalisation As 33 Banks Raise N4.65trn
The Central Bank of Nigeria (CBN) has announced the completion of its banking sector recapitalisation programme, revealing that 33 deposit money banks collectively raised...
Court Fixes April 14 For Bail Ruling As El-Rufai Returns To ICPC Custody
The Federal High Court in Kaduna has adjourned ruling on the bail application of former Kaduna State Governor, Nasir El-Rufai, to April 14. Speaking after...
Trump Says Iran Conflict Could End In ‘Two To Three Weeks’ As Tensions Escalate Globally
US President Donald Trump has said the ongoing war involving Iran could come to an end within “two weeks, maybe three,” while indicating that...
Stock Market Boom: Investors Gain N29trn In Q1 As Reforms Drive Confidence
Nigeria’s equities market closed the first quarter of 2026 on a strong note, with investors raking in over N29 trillion in gains, buoyed by...
Dangote Refinery Secures $4bn Loan Boost As Afreximbank Leads With $2.5bn Support
The Dangote Petroleum Refinery has secured a $4 billion senior syndicated loan, with African Export-Import Bank underwriting $2.5 billion, marking a major financing milestone...
GTCO Delivers Strong Earnings, Declares N12.76 Dividend As Profit Hits N1.23trn
Guaranty Trust Holding Company has reported solid financial performance for the year ended December 31, 2025, with profit reaching N1.23 trillion and interest income...
Rabiu, Elumelu Strengthen Alliance As BUA Foods Hits Record N1.77tn Revenue
Nigeria’s leading industrialist Abdul Samad Rabiu and business mogul Tony Elumelu are deepening their long-standing partnership to accelerate industrial growth, as BUA Foods posts...
Nigeria’s Oil Exploration Slows As Activity Drops 45% Amid Fewer Rig Deployments
Nigeria’s oil exploration activity declined sharply by 45% month-on-month in February 2026, reflecting reduced upstream operations, according to the Nigerian Upstream Petroleum Regulatory Commission. Data...
DR Congo Ends 52-Year Wait With Dramatic Win Over Jamaica To Seal World Cup Return
The Democratic Republic of the Congo secured a historic place at the 2026 FIFA World Cup after edging Jamaica 1-0 in extra time, marking...
Africa Must Act Fast to Plug $88bn Leak from Illicit Financial Flows
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, has called for urgent action to curb the estimated $88 billion lost...
