Nigeria “Bounces Back”: IMF Projects Return to 3rd Largest Economy in Africa for 2026
WASHINGTON D.C. — After a humbling year in fourth place, Nigeria is set to claw its way back up the
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“We Are the Problem”: CBN Admits Its Own Rules Are Choking Fintech Innovation in Nigeria
ABUJA — The Central Bank of Nigeria (CBN) has issued a rare and candid confession, officially admitting that its regulatory
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“Where is the Money?”: FAAC Shares N1.97trn After Tense Standoff Over Salaries Delays
ABUJA — The tension that gripped the nation’s civil service has finally broken. After a week-long standoff that delayed January
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END OF AN ERA: ‘Boardroom Guru’ Otunba Adekunle Ojora Dies at 93
LAGOS — A titan of the Nigerian corporate world has bowed out. The Ojora Royal Family of Lagos officially announced
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First to Cross the Line: How Access Bank Scaled the N500bn Recapitalisation Hurdle
LAGOS — While many Nigerian banks are still scrambling to meet the Central Bank of Nigeria’s (CBN) March 2026 recapitalisation
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‘No Going Back’: NAFDAC Resumes Crackdown on Sachet Alcohol as Distillers Protest
LAGOS — The National Agency for Food and Drug Administration and Control (NAFDAC) has officially resumed the nationwide enforcement of
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‘Economic Suicide’: Distillers, Labour Unions Storm NAFDAC Office Over Threat to 5.5m Jobs
LAGOS — The Distillers and Blenders Association of Nigeria (DIBAN) has declared a state of industrial crisis, warning the Federal
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‘We Hold All the Cards’: Trump Threatens Major Retaliation if Europe Dumps US Treasuries
DAVOS — The diplomatic standoff between Washington and Brussels has spilled over into the global financial markets, with U.S. President
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Domestic stock investors dominate trade as portfolio transactions surge 42%
By Peter Egwuatu Domestic investors have recorded significant growth for the bulk of activity on the Nigerian Exchange Limited (NGX) in December 2025, as total domestic and foreign portfolio transactions rose sharply to N1.38 trillion, reflecting a 42.13 per cent increase from N0.97 trillion recorded in November 2025. The NGX Domestic and Foreign Portfolio Investment, FPI, […]
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N4TRN DEBT: FG bows to pressure, pays N152bn to contractors
By Emma Ujah The Federal Ministry of Finance (FMF) has confirmed the payment of the sum of N152 billion to contractors out of the total debt estimated at N4 trillion, explaining that the delay in payment was due to the verification process. This came at the backdrop of the long standing protests by the contractors […]
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