BUSINESS
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...
Low Spending: Manufacturers Shun Dealers, Now Deal Directly With Consumers
•A wholesaler’s warehouse filled with goods Plummeting consumer spending has lingered for a long time now, and is telling on suppliers in the business chain. For...
33 Banks Now Bigger, Stronger
The recent recapitalisation exercise led by the Central Bank of Nigeria, CBN, which saw 33 deposit money banks raise an impressive N44.65 trillion, is...
Easter Holiday: Stock Market Trades Cautiously As Investors Sustain Rally
The Nigeria stock market traded cautiously last week, even as investors sustained the ongoing rally. Consequently, despite the shortened trading days of the week due...
Dollar To Naira Exchange Rate Today, April 6, 2026
The Nigerian Naira maintained a stable trajectory against the United States Dollar as the first full trading week of April 2026 commenced. Market performance...
Sterling Bank’s Zero Transfer Fees Policy Saves Nigerians Over N2bn
One year after breaking away from traditional banking charges, Sterling Bank has announced that its Zero Transfer Fees policy has returned more than N2...
Naira Holds Steady Against Dollar On April 2, 2026
The Nigerian Naira traded on a stable note against the United States Dollar in early dealings on Thursday, April 2, 2026, sustaining the positive...
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...
Falade Takes Over As NLNG Managing Director/CEO
Adeleye Falade has officially assumed office as the new Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), following the appointment of...
Transport Costs Surge In Nigeria As Airfares And Okada Rides Drive Up February Spending
Nigerians paid more for transportation in February 2026 as rising airfares and motorcycle (Okada) fares pushed overall commuting costs higher, according to the National...
