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CBN Extends BDC Recapitalisation Deadline to June 2025

  BDC Operators Granted Six-Month Grace Period Amid Compliance Challenges New Capital Requirements Introduced to Reform Foreign Exchange Market The Central Bank of Nigeria (CBN)...

Electricity Subsidy Costs Soar to N1.91tn in 2024, Discos Report Record Revenue

  Subsidy Obligations Increase by 204% Amid Tariff Adjustments and Rising Generation Costs Distribution Companies Exceed Revenue Targets, Collect N1.23tn in Nine Months of...

Nigerian Equity Market Gains N77bn as All-Share Index Inches Closer to N60tn Milestone

  Positive Sentiment Drives Trading Volume, Led by Financial Sector Analysts Predict Potential Reversal in Market Momentum Amid Profit-Taking and MPC Outlook The Nigerian equity...

Nigerian Banks Turn to Rights Issues to Meet CBN’s New Capital Base Requirements

  UBA and FBN Holdings Lead the Charge as Stanbic IBTC, Others Follow Strategic Moves by Majority Shareholders to Retain Control Highlighted As Nigerian banks...

UBEC Trains 137 LGA Education Secretaries On Professional Devt in Ibadan

The Universal Basic Education Commission (UBEC) has trained 137 Education Secretaries of Local Government Universal Basic Education Authorities in the South-west region, noting that...

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Nigerian Workers Demand 50% Wage Increase as Inflation Worsens Economic Hardship

NLC Calls for Immediate Wage Review Amid Rising...

Mohbad’s Widow Threatens Independent DNA Test Over Delays

Omowunmi Rejects UCH Ibadan, Proposes Alternative Facilities Father...

Scavengers, Beggars Sue Wike for ₦500m Over Rights Violations

FCT Minister Faces Lawsuit Over Crackdown on Vulnerable...

Ex-Gov Bafarawa Exits PDP

Former Sokoto Governor Resigns from PDP After Two...
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