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MARKETS AND ECONOMY
Nigeria Records $1.57bn in Diaspora Remittances, Highest in Seven Years
Nigeria recorded $1.57 billion in diaspora remittance inflows through International Money Transfer Operators (IMTOs) in the second quarter of 2026, the highest quarterly figure in seven years, according to the Central Bank of Nigeria’s (CBN) Q2 2026 Statistical Bulletin.The amount represents an increase of approximately 33 per cent from...
Nestlé Nigeria Seeks SEC, FCCPC, Shareholder Approval for Transfer to Peranel JV
Nestlé Nigeria Plc has moved to secure regulatory and...
HBM Nigeria’s 9M 2026 Revenue Rises 18.9% to N928.25bn as Profit After Tax Hits N271.99bn
HBM Nigeria Plc, formerly Lafarge Africa Plc, recorded an...
We Are Building Towards a $1trn Economy — Tinubu; Defends Foreign Loans
President Bola Tinubu has defended his administration’s borrowing strategy,...
FCCPC Warns DisCos Over Estimated Billing, Illegal Disconnections
The Federal Competition and Consumer Protection Commission (FCCPC) has...
Power Minister Tegbe Unveils Plan to Stabilise Nigeria’s Electricity Grid
Minister of Power Joseph Tegbe has outlined plans to...
Investors Pile N1.84tn into One-Year Treasury Bills as DMO Cuts Rates
Investors overwhelmingly favoured one-year Nigerian Treasury Bills at Wednesday’s...
Tech World
FINANCE
MoMo PSB Records 69.1% Quarterly Transaction Growth After Migration to Alipay+ Platform
MoMo Payment Service Bank (MoMo PSB), the fintech subsidiary of MTN Nigeria Communications Plc, recorded a 69.1 per cent quarter-on-quarter increase in transaction volumes in the third quarter of 2026, following its migration to the Alipay+ platform in August.
MTN Nigeria disclosed this in its financial results for the nine...
Coronation Insurance Resubmits SEC Application for Minority Buyout, Delisting
Coronation Insurance Plc has resubmitted its application to the...
Police Pension Reform: IG Proposes 200% Gratuity, Salary-Linked Benefits
The Inspector-General of Police, Olatunji Disu, has proposed a...
Nigeria’s Recapitalised Banks and Missing Link Between Profit and Prosperity
By Blaise UdunzeNigeria’s banking industry has spent years rebuilding...
PalmPay Partners Police Cybercrime Centre to Strengthen Fraud Prevention Awareness
PalmPay has partnered with the Nigeria Police Force National...
UBA Wins Legal Battle to Recover N156bn Debt From Stallion Group
United Bank for Africa Plc (UBA) has secured a...
Nigeria’s Foreign Reserves Hit $55.1bn, Highest in 18 Years – Cardoso
Nigeria’s foreign exchange reserves have risen to $55.1 billion,...
GENERAL NEWS
UBA Launches Group-Wide Climate Action Week to Advance Green Finance and Sustainability Across Africa
Africa’s Global Bank, United Bank for Africa (UBA) Plc,...
Nigeria’s $1tn Economy Ambition Depends on Scaling Small Businesses – Oyedele
Nigeria’s plan to build a $1tn economy will depend...
Varsities Claim 73.2% of FG’s N38.93bn Tertiary Institution Fund
The Federal Government has disbursed N38.93 billion to 166...
NSIA, Africa50 Launch $300m Fund to Expand Nigeria’s Renewable Energy Access
Nigeria has launched a $300 million fund to accelerate...
REA Restores Electricity to Two Kano Communities After 16 Years, Targets 2,222 Households
The Rural Electrification Agency (REA) has restored electricity to...
FG Reviews Overseas Training Policy After 80% of Sponsored Nigerians Fail to Return
The Federal Government has discontinued its overseas training programme...
LG Billions in the Dark: Falana to Keynote as Olorunyomi chairs DevReporting Documentary Screening
Human rights lawyer and Senior Advocate of Nigeria, Femi...
media outreach
Travels & Aviation
Appointments & RECOGNITIONS
VIEWPOINTS
Nigeria’s Recapitalised Banks and Missing Link Between Profit and Prosperity
By Blaise UdunzeNigeria’s banking industry has spent years rebuilding capital, restructuring institutions and celebrating stronger financial performance. Amidst all...