Category: Economy

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...

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...

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...

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

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

DMO offers 2 savings bonds for subscription at N1,000 per unit

DMO offers 2 savings bonds for subscription at N1,000 per unit   Bonds   The Debt Management Office (DMO) has listed two FGN savings bonds for subscription at...

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...

Trump promises protection for ships in Strait of Hormuz

  Protection U.S. President Donald Trump says he intends to secure shipping traffic in the Strait of Hormuz, which is threatened by Iran, including with the U.S....

Tinubu nominates Oyedele as minister of state for finance

    President Bola Tinubu has nominated Mr Taiwo Oyedele as the minister of state for finance, replacing Dr Doris Uzoka-Anite. Uzoka-Anite will now move to the...

Telecommunications:Tinubu welcomes Lebara launch Says it’s evidence of a vibrant telecoms sector

  President Bola Ahmed Tinubu has congratulated Lebara Nigeria on its official launch, describing the milestone as a strong vote of confidence in Nigeria’s...

MTN Nigeria returns to profitability with N1.11trn net profit

  MTN Nigeria Communications Plc has reported a profit after tax of N1.11 trillion for the full year ended 2025, representing a recovery from a loss of N400.44...