Economy
Signature Bank Surpasses ₦50bn Capital Requirement in CBN Recapitalisation Drive
Signature Bank Limited has increased its capital base to ₦52 billion, exceeding the ₦50 billion minimum capital requirement set by the Central Bank...
Economic Pressure Forces Nigerian Parents to Push Back Against Excessive School Homework
Growing economic challenges are changing the way many Nigerian parents respond to their children’s school assignments. What used to be a routine part...
Togo Eyes Increased Electricity Imports from Nigeria via NDPHC to Meet Rising Demand
Togo has expressed interest in increasing electricity imports from Nigeria through the Niger Delta Power Holding Company to meet growing domestic demand. The...
Gbenga Hashim Says Visionary Leadership Key to Solving Nigeria Economic Challenges
Former presidential candidate and global businessman Gbenga Hashim has said that Nigeria can overcome its current economic challenges if the country is guided...
Sanwo Olu Flags Off Monthly Environmental Sanitation Exercise in Lagos
The Babajide Sanwo Olu has officially flagged off the reintroduction of the monthly environmental sanitation exercise across Lagos State. The initiative, set to...
Cross River Renews Fight Over Oil Wells Dispute With Akwa Ibom
The long running dispute over oil wells in the Niger Delta has gained renewed attention following fresh recommendations by a panel established by...
CBN Restricts Mobile Banking Apps to One Device Amid Instant Payments Guidelines
The Central Bank of Nigeria has directed that mobile banking applications can now only be operated on a single device per customer, effectively...
CBN Directs Banks to Block Loan Defaulters from Accessing New Credit
The Central Bank of Nigeria CBN has directed commercial banks to block loan defaulters, particularly large-ticket borrowers, from accessing new credit facilities. The...
Dangote Refinery Reverses Petrol Price Cut to ₦1,175 per Litre
The Dangote Petroleum Refinery has reversed its recent price reduction, raising the ex-depot price for Premium Motor Spirit PMS back to ₦1,175 per...
Nigerian Airlines Struggle as Aviation Fuel Price Jumps to N1,800 Per Litre
The Airline Operators of Nigeria has raised alarm over the sharp increase in the price of Jet A1, commonly known as aviation fuel,...
