Category: Business

Recapitalisation:30 banks have met minimum capital requirements, says CBN

Recapitalisation:30 banks have met minimum capital requirements, says CBN   CBN The Central Bank of Nigeria (CBN) says 30 banks have met the minimum capital...

Energy:Tinubu inaugurates GAMCO committee, targets 1,600MW stranded power

  Power   President Bola Tinubu on Friday, inaugurated an 11-member committee to facilitate incorporation of the proposed Grid Asset Management Company Ltd.,...

*What the War in Iran Means for Nigeria and Africa*

*What the War in Iran Means for Nigeria and Africa* The Middle East has once again become the epicenter of global economic anxiety. What began as shadow warfare between...

Peoples Right Agenda Raises Alarm Over Alleged Plot to Sabotage Power Supply in Ibadan

  The Peoples Right Agenda (PRA), a civic advocacy organization committed to transparency, accountability, and good governance, has raised serious concerns over an...

Tinubu signs resolution ending 15 years of dispute over OPL 45,unlocks Deep Water Investment

Chief Executive Officer Eni, Claudio Descalzi and President Bola Tinubu during a meeting with the President on final resolution of OPL 245 President Bola Tinubu...

Maritime sector records 24.8% cargo growth in 2025 – NPA

  L-R: Minister of Marine Blue Economy, Adegboyega Oyetola and Managing Director/Chief Executive Officer, Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho,...

Tax reforms will improve lives not impoverish Nigerians says Shettima

Vice President Kashim Shettima Vice President Kashim Shettima, on Wednesday in Abuja, said the implementation of new tax reforms will eliminate the burden of multiple...

Tinubu suspends cashless system at airports over gridlock

  President Bola Tinubu on Wednesday directed the immediate suspension of the newly implemented cashless payment system at all Nigerian airports.   The...

Video: Implications of closure of Strait of Hormuz on world economy

What happens when the Strait of Hormuz closes, It closed yesterday.  

Two bankers arraigned by EFCC for alleged $306,667.81, €50,250 fraud

  The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC), Ikoyi, Lagos on Tuesday arraigned two bankers: Bakare Oladimeji Surajudeen...