CBN Warns Naira Abuse ‘Inflates Printing Cost
The Central Bank of Nigeria, CBN has advised Nigerians to stop abusing the naira, warning that poor handling of the banknotes increases the cost of printing and replacing them. The…
External Reserve Hits $43bn, Banking Sector Gets Healthier as 14 Banks Meet New Capital Requirements – CBN
The Central Bank of Nigeria (CBN) on Tuesday disclosed that Nigeria’s gross external reserve climbed to $43 billion as of September 11, 2025. This was revealed by the CBN Governor,…
Prominent Industrialist Oscar Ibru Dies at 67
Nigerian business magnate and industrialist Oscar Ibru has passed away at the age of 67 after a brief illness. As the chairman of the esteemed Ibru Organisation, he was the…
CBN Slashes Interest Rate by 50 Basis Points to 27%
The Central Bank of Nigeria’s Monetary Policy Committee has reduced the interest rate by 50 basis points, lowering it from 27.5 percent in July to 27 percent. The 12 members…
Senator Natasha’s Supporters Tear-Gassed in National Assembly Chaos
Tension erupted at the National Assembly today when Senator Natasha Akpoti-Uduaghan attempted to resume duty after the expiration of a six-month suspension imposed by the Senate leadership. The Kogi Central…
Gunmen Kill Catholic Priest In Enugu
Gunmen have reportedly assassinated Rev. Fr. Mathew Eya, the parish priest of St. Charles Catholic Church in Eha-Ndiagu, located in the Nsukka Local Government Area of Enugu State. The incident…
Shettima to Lead Nigerian Delegation at 80th UN General Assembly
Vice President Kashim Shettima will lead Nigeria’s delegation to the 80th session of the United Nations General Assembly, which is set to take place in New York, United States, from…
Four Foundational Pathways for Nigeria’s Transformation; an Open Letter to President Tinubu
Dr. Abraham Great Your Excellency, thank you for all your strides, efforts to steady the Nigerian ship, and hawking Nigeria from Continent to Continent. I write to you as a…
MTN Nigeria Gets NCC Nod to Lease Spectrum from 9Mobile
MTN Nigeria Communications Plc has announced regulatory approval from the Nigerian Communications Commission (NCC) to lease additional spectrum from T2 Mobile Limited (formerly 9Mobile). Under the agreement, effective October 1,…
Zenith Bank’s Gross Earnings Soar to N2.5trn in H1 2025, N1.25 Interim Dividend Declared
Zenith Bank Plc has released its Group financial results for the half year ending June 2025, posting an impressive profit before tax of N625.629bn. Following this robust performance, the Board…