Standard Bank, Stanbic IBTC Complete $250m Financing Deal For Aradel Energy
A consortium led by Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited, and Standard Bank of South Africa has reached financial close on a...
Buhari signs Finance Bill into law
The President, Major General Muhammadu Buhari (retd.), has signed the finance bill into law. He made this known via his Twitter handle on Monday. “I am...
Naira Rises To N1,403 In Parallel Market
The Naira yesterday appreciated to N1,403 per dollar in the parallel market from N1,408 per dollar on Monday. Similarly, the naira appreciated to N1,345 per...
Why Strengthening Nigeria’s Banks Matters
“The recapitalisation programme has strengthened the capital base of Nigerian banks, reinforcing the resilience of the financial system and ensuring it is well-positioned to...
Foreign Transactions Increases To N118.9bn On NGX
Foreign portfolio transactions on the Nigerian Exchange Limited surged to N118.9bn in May 2025, representing an increase of 88.54 per cent compared to N63.07bn...
Buhari Moves To Lift 100 Million Nigerians Out Of Poverty, Inaugurates Committee
President Muhammadu Buhari has inaugurated the National Steering Committee (NSC) of the National Poverty Reduction with Growth Strategy (NPRGS) to be chaired by the...
Nigeria Hits 18.17% Inflation Rate – NBS Reports
Nigeria's inflation rate rose from 17.33% recorded in February to 18.17% in the month of March. In the latest report released by the National Bureau of Statistics (NBS),...
FG To Deduct N3.6tn From Federation Account Over Electricity Subsidy
The Federal Government has proposed a N3.6tn deduction from the Federation Account to fund electricity subsidies in 2026, 2027, and 2028, a move designed...
Stock Market Maintains Uptrend As Investors Gain N1.4trn In 4 days
The Nigerian stock market extended its bullish momentum, Week-on-Week, WoW, at the close of trading last week , as sustained institutional demand for large-cap and...
Billionaire Daughter, Hauwa Indimi, Laments High Cost Of Tomato
Hauwa Indimi-Yar'adua, the daughter of billionaire oil entrepreneur Mohammed Indimi, has expressed concern about growing food prices in the country. Taking to her verified Instagram...
