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President Bola Tinubu has urged the creation of a fairer global financial framework, highlighting that African countries face disproportionately high borrowing costs due to what he called persistent m...
ABUJA — The Nigerian naira surged to a two-year high against the US dollar on Tuesday, February 17, 2026, marking a significant period of appreciation across both official and parallel foreign exchang...
The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that about 99 per cent of depositors in Nigerian banks are fully protected under its enhanced deposit insurance scheme, urging customers...
The Nigerian National Petroleum Company Limited (NNPC) has revealed that it spent an estimated N13.2 trillion on the country’s three state-owned refineries in 2023 and 2024, even as the facilities con...
Redtech Ltd., a Nigerian fintech startup backed by prominent entrepreneur Tony Elumelu, has announced plans to raise $100 million over the next two years to fund its aggressive expansion across Africa...
The World Bank has reduced a proposed grant to the Central Bank of Nigeria (CBN) from $10.5m to $6.8m, with board consideration for the project now scheduled for March 27, 2026. Updated project detail...
The Lagos Waste Management Authority (LAWMA) has intensified its crackdown on illegal waste disposal, seizing several waste carts and arresting a suspect during an early-morning enforcement operation...
Net foreign exchange inflow into Nigeria declined by 18.3 per cent year-on-year to $48.1 billion in the nine months ended September 2025, down from $58.8 billion recorded in the same period of 2024, r...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has called for an equitable and people-centred approach to Africa’s energy transition, noting that more than 600 million people on the contin...
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