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Global Finance 2020: Zenith Bank Emerges Best Bank In Nigeria

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Zenith Bank Plc has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020. The awards,...

CBN Raises Interest Rate To 27.50%

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CBN Maintains Monetary Policy Rate At 27.50% Amid Inflationary Pressures

Nigeria's interest rate was raised by 25 basis points by the Central Bank of Nigeria from 27.25 percent in September 2024 to 27.50 percent...

Why I Seek Fresh N2.3tr Loan — Buhari

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President Muhammadu Buhari, yesterday, wrote the National Assembly for approval to borrow fresh $6.183 billion (N2.343 trillion) to fund the 2021 budget deficit of...

Obasanjo Commends Yahaya Bello On Security, Infrastructure

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Former President Olusegun Obasanjo has commended Gov. Yahaya Bello of Kogi on his efforts in providing security, good governance, and infrastructure building in the...

Budget Deficit May Trigger Fresh Recession – Finance Minister, Zainab Ahmed

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With the deficit financing of the revised N10.509 trillion 2020 budget rising from N1.847 trillion to N4.563 trillion, the economy might be heading for...

Dangote To Boost Sugar Production With $700m Expansion Plan

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Dangote To Boost Sugar Production With $700m Expansion Plan

Dangote Group is set to end Nigeria’s dependence on imported sugar with an investment of more than $700 million sugar expansion plan aimed at...

CBN Increases Interest Rate To 16.5%

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CBN Raises ITMO Application Fee To N10m, Restricts Banks, Fintechs From Providing Services

The Monetary Policy Committee of the Central Bank of Nigeria voted Tuesday to increase the benchmark interest rate by 100 basis points to 16.5...

Buhari’s Policies Responsible For Hunger In The Land, Don’t Blame Tinubu — Oshiomhole

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Nigerians are still bearing the effects of the policies of ex-President Muhammadu Buhari, Adams Oshiomhole, senator representing Edo North Senatorial District, has said. Some of...

Shell Sells Stake In Nigerian Oil Block For $533m

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The Shell Petroleum Development Company of Nigeria Limited has announced the completion of the sale of its 30 percent interest in Oil Mining Lease...

Naira Appreciates To N1,359/$ In Official Market

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Dollar To Naira Exchange Rate Today, February 26, 2026

The naira yesterday depreciated to N1,359 per dollar in the Nigerian Foreign Exchange Market, NFEM. However the Naira remained stable at N1,360 per dollar in...

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Hon. Alex Mascot Ikwechegh Resigns From APGA

Hon. Alex Mascot Ikwechegh Resigns From APGA

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The member representing Aba North/Aba South Federal Constituency in the House of Representatives, Alex Mascot Ikwechegh, has officially resigned from the All Progressives Grand...

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