News at the speed of light
Petrol depots across Nigeria have adjusted their pump prices following Dangote Refinery’s decision to begin direct distribution to marketers. On Monday, September 15, the refinery reduced its ex-depot…
Amid growing tensions in Nigeria’s downstream petroleum sector, former Senate Leader, Senator Mohammed Ali Ndume, has urged caution in the dispute involving Dangote Refinery, oil workers, and petroleum…
The naira has recorded its strongest performance in five months, appreciating to below ₦1,500 against the United States dollar in the Nigerian Foreign Exchange Market (NFEM). As of…
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to implementing economic reforms designed to refocus financial system stability and stimulate productivity. Governor Olayemi Cardoso disclosed this…
Nigerian airline operators have commended President Bola Tinubu and the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, for the swift suspension of the proposed…
Lagos State Governor, Babajide Sanwo-Olu, has described the State Development Plan (2052) as a strategic national asset that aligns with President Bola Tinubu’s vision of transforming Nigeria into…
The Central Bank of Nigeria (CBN) has issued a directive to Domestic Systemically Important Banks (DSIBs) mandating early succession planning for their Managing Directors/Chief Executive Officers (MD/CEOs) and…
Commercial banks seeking new capital under the Central Bank of Nigeria (CBN) recapitalisation directive collectively raised about N2.5 trillion in the first half of 2025. This was disclosed…
A member of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC), Professor Murtala Sagagi, has projected that the naira will continue to appreciate and could strengthen…
United Bank for Africa (UBA) Plc has continued its efforts to reshape access to financial services across Africa through inclusive strategies that combine technology, community empowerment, and partnerships…
